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$201,325

NAL Estimated Property Value

2829 Timmons Lane 147, Houston, TX, 77027

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths776 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.2 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1979
Stories1

Land Information

APN1145770070003
SubdivisionPark St John Condo
Land UseResidential
Legal DescriptionUNIT 147 BLDG G PARK ST JOHN CONDO
Census Tract411504
Assessed Land Value$38,252
Assessed Improvement Value$163,073
Assessment Year2025

About this property

Delightful ground level updated condo, in the always popular Park St. Johns gated community in the River Oaks/ Greenway Plaza District. No stairs to climb and conveniently located within the community makes this one to consider! The living area features a wood-burning fireplace and sliding door to a private balcony. The kitchen opens to the dining room and features all new appliances. The bedroom includes a walk-in closet and built-ins. Notable upgrades include new paint and recess lighting throughout, crown molding, new HVAC system and thermostat, new tankless on-demand hot water heater, new electrical panel, new patio siding, and flooring. Offering the special bonus of a back door with reserved covered parking for lifestyle ease. Additional uncovered reserved parking space as well. Two community pools, low HOA fees, Close proximity to Highland Village, Tiny Boxwoods, River Oaks Donuts + Tres Market. Easy freeway access to 610 + 59. A wonderful place to call home.

Investor Tools

Property Icon
$201,325
Estimated Property Value
$133,083Estimated Mortgage Balance
$68,242Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,208 /month
Positive
Cash Flow Estimate:
$403 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
$254/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,087
$201,325
2025
$38,252
$163,073
$201,325
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,087
$201,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$137,600
No
First
Jul 19, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,083
$68,242
33%
66%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,079/mo
+$561/mo
9.8%

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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2829 Timmons Lane 147 | Property Details | No Agent List