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$499,957

190 Oak Place Drive, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,337 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$196.83 / sqft
Year BuiltBuilt in 2000

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, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

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

Immaculate European-style townhome in the gated community of Oak Place Court in the heart of Midtown. This 3-story Townhome by Lovett Builders features solid hardwood floors, Stainless Steel Appliances, Marble entry, Custom Brookhaven cabinets in the kitchen, Elevator capable closet, exterior gas lamps with limestone and stucco façade. Come visit the European charm of Oak Place Court and live within convenient distance of fine dining and attractions in Midtown Houston.

Investor Tools

Property Icon
$499,957
Estimated Property Value
$0Estimated Mortgage Balance
$159,947Estimated Equity
100% 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
$4,050/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
No

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
No
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,010
$159,947
31%
68%
$2,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,108/mo
$-3,528/mo
6.2%

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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190 Oak Place Drive | Property Details | No Agent List