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$543,000

156 Oak Place Dr, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,444 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$210.72 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Lot Size1,978 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1213960010003
Lot Number3
SubdivisionOak Place Court
Land UseResidential
Legal DescriptionLT 3 BLK 1 OAK PLACE COURT SEC 7
Census Tract410502
Assessed Land Value$178,020
Assessed Improvement Value$322,400
Assessment Year2025

About this property

Beautifully updated, European-style townhome in the gated community of Oak Place Court in the heart of Midtown. This end-unit residence was professionally updated by Jane Page Designs. The beautiful Chef’s kitchen features a Wolf double convection built-in electric wall oven, Wolf gas cooktop with IR grill, Wolf sliding drawer microwave, GE Monogram built-in side by side refrigerator with in door ice & water and custom cabinet doors, GE Monogram wine fridge- red and white wine/beverage fridge and GE dishwasher. Premium oak wood floors can be found throughout. The living area features custom built-in bookcase with provision for wall mounted TV and surround sound. Smart home features include security equipment, Control4 system, blackout remote blinds, digital Lutron switches, theater speakers and much more! Within convenient distance of fine dining and attractions in Midtown.

Investor Tools

Property Icon
$543,000
Estimated Property Value
$0Estimated Mortgage Balance
$543,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,258 /month
Positive
Cash Flow Estimate:
$1,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$4,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,882
$500,420
2025
$178,020
$322,400
$500,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,882
$500,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$533,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,050/mo
$-1,470/mo
5.7%

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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156 Oak Place Dr | Property Details | No Agent List