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$205,308

NAL Estimated Property Value

1649 Prairie Mark Ln, Houston, TX, 77077

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,480 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$108.11 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Courtyard
Lot Size1,398 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1086240010127
Lot Number127
SubdivisionWalkers Mark
Land UseResidential
Legal DescriptionLT 127 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

Well maintained townhome with attached 2 car garage. Kitchen remodeled with granite counter tops, cabinets painted inside and out and new doors on the utility room. Newly painted upstairs, recent laminate flooring downstairs, French tile in the entry, marble surround on the fireplace, crown molding, recent ac, heater, water heater, recent sliding glass doors by Anderson. Roof replaced in 2016, Upstairs deck is TREX decking at a cost of $7,000 in 2016. Container store shelves in guest bedroom closet. Guest bathroom remodeled in 2012 with new bathtub, French tile in the shower, towel racks, lamp. Foundation work with transferable warranty in January 2020. Hydrostatic testing and new line run to city connection completed in 2017. The completely private, tranquil expanded front patio with brick pavers face the quiet courtyard. Low utility bills, close to great restaurants, shopping, the Energy Corridor, Terry Hershey Park, City Centre, Memorial City Mall, I-10 and Westpark Tollway,

Investor Tools

Property Icon
$205,308
Estimated Property Value
$0Estimated Mortgage Balance
$205,308Estimated Equity
100% 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
$89/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$40
$205,308
2025
$42,000
$163,308
$205,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$40
$205,308

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$205,308
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$335/mo
+$1,355/mo
9.9%

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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1649 Prairie Mark Ln | Property Details | No Agent List