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$521,000

NAL Estimated Property Value

164 Oak Place Drive, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,337 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.96 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

High 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, Gas Range, Washer/Dryer Stacked, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,625 sqft

Building Information

Year Built2002
Garage Spaces1

Land Information

APN1213940010001
Lot Number1
SubdivisionOak Place Court
Land UseResidential
Legal DescriptionLT 1 BLK 1 OAK PLACE COURT SEC 5
Census Tract410502
Assessed Land Value$146,070
Assessed Improvement Value$367,096
Assessment Year2025

About this property

Experience luxury living in this fabulous gated townhome on a tree-lined street in Midtown. From the impressive gated entry and charming gas lamps, this community exudes elegance. Executive features include soaring ceilings, a beautiful stairwell focal point, herringbone tile entry, built-ins, flush-mounted speakers, hardwood floors, 8-foot doors, and plantation shutters. The primary bedroom offers a stunning view of the city, while the custom breakfast nook adds a cozy touch. Impeccable landscaping and elegant trees enhance the neighborhood’s charm. Enjoy the walkable proximity to restaurants. The HOA fee covers the exterior and roof, providing low-maintenance living. With a gated community, 2-car garage, turf yard and a beautiful exterior, this home combines style and convenience. Schedule your tour today!

Investor Tools

Property Icon
$521,000
Estimated Property Value
$442,908Estimated Mortgage Balance
$78,092Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,126 /month
Positive
Cash Flow Estimate:
$1,042 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
$4,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,194
$513,166
2025
$146,070
$367,096
$513,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,194
$513,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Lake Mortgage Llc
Conventional
$455,050
No
First
Nov 13, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,908
$78,092
14%
85%
$2,729/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,779/mo
$-4,199/mo
5.9%

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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164 Oak Place Drive | Property Details | No Agent List