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NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$243,000

NAL Estimated Property Value

2829 Timmons Ln Apt 216, Houston, TX, 77027

Off Market

2 Beds

2 Bath

1,250 Sq Ft

Condos / Townhouses

$1.48 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher

FlooringStone, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1979

Stories1

Land Information

APN1145770130005

SubdivisionPark St John Condo

Land UseResidential

Legal DescriptionUNIT 216 BLDG N PARK ST JOHN CONDO

Census Tract411504

Assessed Land Value$44,218

Assessed Improvement Value$188,510

Assessment Year2025

About this property

This fabulous upstairs unit provides more light and is so quiet with no neighbors above you!!! Tastefully updated large second story unit in sought-after Park at St. John w/ 2 bedrooms & 2 full baths. Light and bright living room w/ vaulted ceiling, fireplace w/ Carrara marble surround plus a large balcony overlooking the courtyard. The dining room opens to the living room & kitchen w/ a large garden window overlooking the courtyard. The updated kitchen is the heart of this sweet home w/ granite countertops, subway tile backsplash and recent stainless steel range, microwave, and beverage/wine cooler! Bedrooms offer access to a large balcony and updated bathrooms! Two assigned parking spaces for this unit. Don't miss this home walking distance to the new Milk & Cookies and Tiny Boxwoods & shopping!

Investor Tools

$243,000

Estimated Property Value

$0Estimated Mortgage Balance

$243,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,458 /month

Positive

Cash Flow Estimate:

$486 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$464/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,350

$232,728

2025

$44,218

$188,510

$232,728

Tax History

Year

Tax Paid

Assessed Value

2024

$4,350

$232,728

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$247,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

N/A

+$1,960/mo

9.7%

Learn About the Market: Opportunity in Houston

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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.

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