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B+
NoAgentList RatingHow are grades calculated? Info

$217,435

3231 Allen Parkway 1202, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths641 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$343.21 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Instant Hot Water, Washer/Dryer
FlooringBamboo

Exterior

Exterior FeaturesBalcony, Playground, Storage

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1250020010018
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 1202 BLDG 1 .0056 INT COMMON LAND & ELE REATA AT RIVER OAKS CONDO
Census Tract410300
Assessed Land Value$41,313
Assessed Improvement Value$176,122
Assessment Year2025

About this property

All the comforts of home and no work to do when you own this easy-care Condo! Beautiful one bedroom second-floor unit boasts granite counters, tile and Bamboo flooring, a stainless appliance package, and a private balcony. The bedroom features a walk-in closet and the bath is appointed with a combination bathtub/shower. Conveniently located close to many shopping, dining, and entertainment areas and across the street from Buffalo Bayou. Easy access to I-45 and I-10, makes your commute a breeze. The perfect place to live and play!

Investor Tools

Property Icon
$217,435
Estimated Property Value
$0Estimated Mortgage Balance
$70,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,651
$217,435
2025
$41,313
$176,122
$217,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,651
$217,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$157,500
No
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,765
$70,670
32%
67%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,275/mo
+$365/mo
9.1%

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 1202 | Property Details | No Agent List