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$508,000

NAL Estimated Property Value

148 Oak Place Drive, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,337 Sq Ft
price_per_sqft$207.53 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size1,603 sqft

Building Information

Year Built2000
Garage Spaces1

Land Information

APN1213920010005
Lot Number5
SubdivisionOak Place Court
Land UseResidential
Legal DescriptionLT 5 BLK 1 OAK PLACE COURT SEC 3
Census Tract410502
Assessed Land Value$144,360
Assessed Improvement Value$357,307
Assessment Year2025

About this property

Welcome to this exquisite European-style townhouse by Lovett Homes, nestled in a gated Midtown community. This 3-story stucco residence features an open floor plan with elegant travertine marble flooring on the first level and custom hardwood flooring throughout. The spacious living room showcases high ceilings, a cozy gas fireplace, and abundant natural light. The gourmet kitchen is a chef's delight, equipped with granite countertops, stainless steel appliances, and custom cabinetry. A versatile first-floor bedroom offers French doors to a private patio. The luxurious primary suite includes his and her walk-in closets and a spa-like bathroom with a whirlpool tub and separate shower. Recent upgrades include high-efficiency HVAC, double-pane windows, a new gas water heater, and a five-year-old roof. This home perfectly blends elegance and modern comfort!

Investor Tools

Property Icon
$508,000
Estimated Property Value
$0Estimated Mortgage Balance
$508,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
$3,785/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,018
$501,667
2025
$144,360
$357,307
$501,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,018
$501,667

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$508,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,785/mo
$-1,205/mo
6.1%

City: Houston

148 Oak Place Drive | Property Details | No Agent List