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$600,000

21 Briar Hollow Lane #501, Houston, TX, 77027

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,917 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205.69 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Double Oven, Microwave, Electric Cooktop, Dryer, Full Size, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room, Trash Chute, Outdoor Kitchen
Lot Size1.01 acres

Building Information

Year Built1979
Stories2

Land Information

APN1141590060009
SubdivisionBriar Place Condo
Land UseResidential
Legal DescriptionUNITS 609 & 709 .029000 INT COMMON LAND & ELE BRIAR PLACE CONDO
Census Tract411301
Assessed Land Value$75,097
Assessed Improvement Value$320,152
Assessment Year2025

About this property

Spacious 3/3 two story mid-rise residence with 2,917 sq. ft. Tucked away residential location within minutes from Uptown Park, the Galleria, River Oaks District, Highland Village, Memorial Park and Downtown. Enter the 5th floor to find expansive living areas with hardwood floors, fresh paint & custom window shutters. Kitchen with granite counters, generous storage and stainless appliances. French doors lead to what can be a 3rd bedroom, den or home office located off the living room with a close by full bathroom. Below on the 4th floor is a sprawling primary suite with a second private balcony, large adjoining study, oversized walk-in closet and private bathroom with a seamless glass shower and double sink vanity. An ensuite secondary bedroom. Building amenities include a fitness center, covered outdoor kitchen with lounging overlooking the swimming pool, party room, enormous 2 story lobby with generous gathering areas. 2 assigned parking, onsite management and 24/7 concierge.

Investor Tools

$340,246Estimated Mortgage Balance
$173,754Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Corey Lipscomb

Martha Turner Sotheby's International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$2,673/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,270
$395,249
2025
$75,097
$320,152
$395,249
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,270
$395,249

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lorenzo Gonalez
Unknown
$425,000
No
First
Mar 8, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,246
$173,754
33%
66%
$2,549/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,222/mo
$-1,882/mo
7.8%

City: Houston

21 Briar Hollow Lane #501 | Property Details | No Agent List