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$205,308

NAL Estimated Property Value

1645 Prairie Mark Ln, Houston, TX, 77077

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,480 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$138.51 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size1,398 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1086240010125
Lot Number125
SubdivisionWalkers Mark
Land UseResidential
Legal DescriptionLT 125 TR L RES C BLK 3 WALKERS MARK SEC 1 T/H
Census Tract451100
Assessed Land Value$42,000
Assessed Improvement Value$163,308
Assessment Year2025

About this property

Welcome to 1645 Prairie Mark Ln, a stunning contemporary design nestled in a peaceful and desirable neighborhood. This exceptional property combines modern design and a prime location, offering an exquisite living experience for the discerning homeowner. The open-concept layout of this home seamlessly connects the living spaces, promoting a sense of unity and flow. The spacious living room serves as a central hub for relaxation and entertainment, featuring high ceilings, a cozy fireplace, and designer finishes. Adjacent to the living room is a sophisticated dining area, perfect for hosting intimate gatherings or larger dinner parties. The additional bedroom is equally impressive, with its own unique charm and plenty of natural light. These rooms are well-suited for family members, guests, or can be repurposed to accommodate a home office or creative studio.Upstairs patio space! Enjoy the lush greenery, mature trees, and the soothing sounds of nature in this fantastic community!

Investor Tools

Property Icon
$205,308
Estimated Property Value
$129,871Estimated Mortgage Balance
$75,437Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,232 /month
Positive
Cash Flow Estimate:
$411 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,170
$205,308
2025
$42,000
$163,308
$205,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,170
$205,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Conventional
$136,500
No
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,871
$75,437
36%
63%
$819/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,179/mo
+$511/mo
9.9%

City: Houston

1645 Prairie Mark Ln | Property Details | No Agent List