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$196,425

NAL Estimated Property Value

1620 Prairie Mark Ln # 98, Houston, TX, 77077

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,280 Sq Ft
price_per_sqft$105.47 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard
Lot Size1,359 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1086240010098
Lot Number98
SubdivisionWalkers Mark
Land UseResidential
Legal DescriptionLT 98 TR J RES B BLK 2 WALKERS MARK SEC 1 T/H
Census Tract451100
Assessed Land Value$41,616
Assessed Improvement Value$154,809
Assessment Year2025

About this property

Great opportunity for a blank slate! Priced to sell so you can choose your own upgrades with minimal work needed. This 2 bedroom, 1.5 bath, 2-car garage townhome is located in the heart of Briar Forest in Walkers Mark Townhomes. Inside you will find a spacious living room with a wood burning fireplace, 2" blinds throughout, half bath downstairs, walk-in pantry, master bedroom with 2 closets, and full bathroom with dual sinks. The A/C was just replaced in June 2020 and the roof was replaced in 2017 after Hurricane Harvey. The grounds are immaculately maintained! Just outside the front door is a greenspace with gorgeous trees that offer shade while walking through this quiet community. The monthly fee covers ground maintenance, roof, siding, trash, water, clubhouse, pool, and insurance. Never flooded and conveniently located near all major freeways, shopping, and restaurants. Make your appointment today!

Investor Tools

Property Icon
$196,425
Estimated Property Value
$167,015Estimated Mortgage Balance
$29,410Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,179 /month
Positive
Cash Flow Estimate:
$393 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,930
$196,425
2025
$41,616
$154,809
$196,425
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,930
$196,425

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$169,750
No
First
Jun 18, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,015
$29,410
14%
85%
$1,018/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,353/mo
+$337/mo
10.3%

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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1620 Prairie Mark Ln # 98 | Property Details | No Agent List