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$194,000

NAL Estimated Property Value

1216 Greenbrier Dr, River Oaks, TX, 76114

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths774 Sq Ft
price_per_sqft$253.1 / sqft
Year BuiltBuilt in 1943

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size7,527 sqft

Building Information

Year Built1943
Stories1

Land Information

APN34510-11-11
Lot Number11
SubdivisionRiver Oaks Addition (River Oak
Land UseResidential
Legal DescriptionRIVER OAKS ADDITION (RIVER OAK BLOCK 11 LOT 11
Census Tract110500
Assessed Land Value$45,186
Assessed Improvement Value$106,918
Assessment Year2025

About this property

Step inside this beautifully renovated home and enjoy peace of mind with TOP-TO-BOTTOM UPGRADES. Featuring brand-new flooring throughout and a sleek set of stainless steel appliances included, this home is designed for modern living at an affordable price. Enjoy the cozy ambiance and warmth from the new electric fireplace, and rest easy knowing ALL ELECTRICAL AND MECHANICAL SYSTEMS HAVE BEEN UPDATED to 2025 code, including a brand-new electrical panel. Even more impressively, the entire plumbing system has been replaced including all sewer and PVC lines, and upgraded with durable PEX water lines for long-lasting reliability. This home also boasts a brand-new HVAC system that will ensure year-round comfort. This affordable, move-in-ready gem has been thoughtfully upgraded from the inside out. Come take a tour today!

Investor Tools

Property Icon
$194,000
Estimated Property Value
$83,504Estimated Mortgage Balance
$110,496Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,175 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,774
$152,104
2025
$45,186
$106,918
$152,104
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,774
$152,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mark Alan Timme
Seller Carryback / Seller Financing / Seller Take-Back
$85,000
No
First
Jun 26, 2025
Jul 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,504
$110,496
56%
43%
$510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$510/mo
+$1,417/mo
11.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: River Oaks

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1216 Greenbrier Dr | Property Details | No Agent List