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$497,139

124 Oak Place Dr, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,337 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.52 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Marble, Tile, Wood

Exterior

Lot Size1,542 sqft

Building Information

Year Built2000
Garage Spaces1

Land Information

APN1203560000004
Lot Number4
SubdivisionOak Place Court
Land UseResidential
Legal DescriptionLT 4 OAK PLACE COURT SEC 1
Census Tract410502
Assessed Land Value$138,600
Assessed Improvement Value$358,539
Assessment Year2025

About this property

Elegant French-inspired townhouse in a gated Montrose community with walkable access to Fairview restaurants, Montrose Collective, and the neighborhood dog park. The recently renovated kitchen features custom cabinetry, upgraded hardware, stainless appliances, and a new gas range. Open dining and living areas showcase hardwood floors, arched walkways, a sunken living room with fireplace, and a bay window overlooking blooming crepe myrtles. The primary suite includes vaulted ceilings, two walk-in closets, and a well-appointed bath with dual vanities, soaking tub, and separate shower. Secondary bedrooms offer flexibility for a home office, gym, or guest space. Fresh carpet throughout, abundant closet space, and meticulous ownership make this home truly move-in ready. Enjoy a private back patio, extra-wide driveway for easy parking, and a lock-and-leave lifestyle with timeless design in a highly walkable Montrose location.

Investor Tools

Property Icon
$497,139
Estimated Property Value
$372,480Estimated Mortgage Balance
$127,906Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$785/month
$4,370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,940
$497,139
2025
$138,600
$358,539
$497,139
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,940
$497,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$372,480
No
First
Nov 19, 2025
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,233
$127,906
25%
74%
$2,234/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,604/mo
$-4,024/mo
6.2%

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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