B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$499,957

NAL Estimated Property Value

190 Oak Place Dr, Houston, TX, 77006

Off Market

3 Beds

4 Bath

2,337 Sq Ft

Condos / Townhouses

$202.61 / sqft

Built in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood, Vinyl

Exterior

Lot Size1,586 sqft

Building Information

Year Built2000

Garage Spaces1

Land Information

APN1213950010002

Lot Number2

SubdivisionOak Place Court

Land UseResidential

Legal DescriptionLT 2 BLK 1 OAK PLACE COURT SEC 6

Census Tract410502

Assessed Land Value$142,650

Assessed Improvement Value$357,307

Assessment Year2025

About this property

Striking elevator-ready townhome in a charming gated community. This gorgeous townhome has an abundance of natural light and features beautiful hardwood floors, living area with built-ins and gas fireplace as well as a gourmet kitchen with Brookhaven cabinetry, granite countertops and stainless appliances. Spacious primary suite features vaulted ceiling, recently installed hardwood floors and a spa-like bath with granite countertops, soaking tub and walk-in shower with frameless glass door. Other great features include 2 custom-built office nooks, plantation shutters, and fenced patio area perfect for grilling. This townhome is in the pulse of the Midtown area and is in walking distance to trendy restaurants, bars and sporting venues.

Investor Tools

$499,957

Estimated Property Value

$340,514Estimated Mortgage Balance

$159,443Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,000 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,025/month

$4,369/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,805

$499,957

2025

$142,650

$357,307

$499,957

Tax History

Year

Tax Paid

Assessed Value

2024

$9,805

$499,957

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New American Funding

Conventional

$171,500

First

Dec 12, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$340,514

$159,443

31%

68%

$2,058/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$6,427/mo

$-3,847/mo

6.2%

Learn About the Market: Opportunity in Houston

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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.

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