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$299,000

NAL Estimated Property Value

3231 Allen Parkway 1101, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$264.31 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1993

Land Information

APN1250020010001
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 1101 BLDG 1 .0079 INT COMMON LAND & ELE REATA AT RIVER OAKS CONDO
Census Tract410300
Assessed Land Value$55,087
Assessed Improvement Value$234,845
Assessment Year2025

About this property

Mediterranean style 2 bedroom 2 bath updated condo on 1st floor in a well maintained River Oaks Gated Community Complex. Unit has the largest floor plan in community. Hardwood floors, granite countertops, TOTO elevated commodes, water filtration system/recess lighting in kitchen, stainless steel appliances, and crown moulding throughout. New dishwasher installed 2018 and new HVAC/breaker box in 2016. Grounds include beautiful landscaping, large pool area, clubhouse, fitness center, dog park and parking garage. Minutes from Galleria, Midtown, Montrose, Museum District, running and bike trails. Walking distance from Whole Foods, great restaurants, and shopping.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$0Estimated Mortgage Balance
$299,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
$459/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$934
$289,932
2025
$55,087
$234,845
$289,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$934
$289,932

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$299,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$459/mo
+$1,501/mo
7.9%

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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3231 Allen Parkway 1101 | Property Details | No Agent List