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$1,199,900

121 N Post Oak Lane 505, Houston, TX, 77024

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,335 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$513.88 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Oven, Electric Cooktop, Dishwasher, Washer/Dryer, Cooktop

Exterior

Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1982
Stories1

Land Information

APN1152760050005
SubdivisionThe Houstonian Estates Condo 18th Amend
Land UseResidential
Legal DescriptionUNIT 505 FLOOR 5 .0058 INT COMMON LAND & ELE THE HOUSTONIAN ESTATES CONDO 27TH AMEND
Census Tract430102
Assessed Land Value$132,451
Assessed Improvement Value$564,660
Assessment Year2025

About this property

Experience the pinnacle of luxury and privacy at the prestigious Houstonian Estates. Unit 505 is a sprawling, 5th-floor sanctuary spanning 2,335 sq. ft., plus two balconies (approx. 5 ft x 17 ft) offering serene treetop and resort-style pool views. This residence presents a rare opportunity to remodel and customize a massive blank canvas into your dream home. The floorplan features a spacious formal living room with a private balcony, a formal dining room, and an enclosed kitchen with its own secondary balcony. The primary suite offers the unique luxury of two separate en-suite bathrooms, complemented by a large second bedroom and a third full bath. Enjoy a world-class, lock-and-leave lifestyle with: Service: 24-hour concierge, security, and valet parking (plus 2 assigned spaces). Wellness: Rooftop fitness center, heated pool, spa, basketball, and tennis/pickleball courts. Outdoors: 3.5 wooded acres featuring a dog park, grilling areas, and a private walking trail.

Investor Tools

$0Estimated Mortgage Balance
$1,188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,199 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Arturo Rodriguez

Boulevard Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
$2,987/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,260
$697,111
2025
$132,451
$564,660
$697,111
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,260
$697,111

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,188,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,987/mo
$-1,077/mo
1.9%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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121 N Post Oak Lane 505 | Property Details | No Agent List