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$424,098

NAL Estimated Property Value

202 Iris Park Court, Houston, TX, 77094

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,132 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.15 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringSlate, Tile, Wood

Exterior

Lot Size4,073 sqft

Building Information

Year Built2004
Garage Spaces3

Land Information

APN1244220010031
Lot Number31
SubdivisionGreen Trails T/H Two
Land UseResidential
Legal DescriptionLT 31 BLK A GREEN TRAILS T/H TWO
Census Tract454504
Assessed Land Value$60,592
Assessed Improvement Value$363,506
Assessment Year2025

About this property

Located on a desirable corner lot in the gated Green Trails community, this well-maintained one-story townhome offers comfort & style. The home features a 3-car detached garage & a private fenced-in patio area. Roof was replaced 2023 & HVAC/Heater replaced in 2025. Inside, you’ll find a light-filled dining room & study, both with beautiful wood floors & ample windows. The updated kitchen boasts granite countertops, butler's pantry, under-cabinet lighting, a ss gas range, & an open layout to the family room. The spacious family room also has wood flooring & abundant natural light. The primary suite is tucked just off the family room & includes wood floors & a spa-like en suite bath with a glass-enclosed walk-in shower with bench seat, and dual vanities. A generous secondary bedroom & full bathroom with granite countertops & a tub/shower combo with sliding glass doors complete the interior. Enjoy a low-maintenance lifestyle in a welcoming neighborhood, come and see it before it's gone.

Investor Tools

Property Icon
$424,098
Estimated Property Value
$95,437Estimated Mortgage Balance
$328,661Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,545 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,694
$424,098
2025
$60,592
$363,506
$424,098
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,694
$424,098

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$97,000
No
First
Jun 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,437
$328,661
77%
23%
$582/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,052/mo
+$1,528/mo
7.3%

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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202 Iris Park Court | Property Details | No Agent List