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$318,759

NAL Estimated Property Value

2323 Polk St Apt 102, Houston, TX, 77003

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,312 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$236.28 / sqft
Year BuiltBuilt in 1923

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer/Dryer Stacked, Dishwasher, Washer/Dryer, Refrigerator
FlooringConcrete

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1923

Land Information

APN1331880010002
SubdivisionPromenade Place Condo
Land UseResidential
Legal DescriptionUNIT 102 FLOOR 1 .0328 INT COMMON LAND & ELE PROMENADE PLACE CONDO
Census Tract310200
Assessed Land Value$60,564
Assessed Improvement Value$258,195
Assessment Year2025

About this property

Live in the heart of EaDo at Promenade Place, just steps from Downtown’s vibrant scene! This 1920s building was renovated in 2010. Rare opportunity 2 bedroom loft features gray epoxy flooring, updated kitchen with Soapstone countertops, cabinets, backsplash, stainless steal appliances, and plenty of storage. Spacious primary bedroom with 12 foot ceiling! Bathroom with dual sinks, marble countertops, tub/shower, and walk in closet. The second bedroom is overlooking the back covered patio and is perfect for guests or an office. En suite secondary bathroom with large shower, walk in closet, and marble countertop. Plus stackable washer/dryer with storage. Additional amenities include a gym, rec room with pool table, pool, assigned covered parking, and smartphone building access. Walk to Dynamo, Astros, and Rockets games, and 8th Wonder Brewery! A true gem in a prime location!

Investor Tools

Property Icon
$318,759
Estimated Property Value
$178,239Estimated Mortgage Balance
$140,520Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,913 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
$769/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,477
$318,759
2025
$60,564
$258,195
$318,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,477
$318,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Guaranty Mortgage Corp
Conventional
$214,400
No
First
Feb 12, 2018
Mar 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,239
$140,520
44%
56%
$1,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$2,055/mo
$-465/mo
6.0%

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.

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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2323 Polk St Apt 102 | Property Details | No Agent List