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B+
NoAgentList RatingHow are grades calculated?Info
Days83Days on Market
Views2view
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$225,000

3231 Allen Parkway 2104, Houston, TX, 77019

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths734 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$306.54 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Washer, Dishwasher
FlooringTile, Vinyl

Building Information

Year Built1993
Garage Spaces1

Land Information

APN1250020020004
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 2104 BLDG 2 .0058 INT COMMON LAND & ELE REATA AT RIVER OAKS CONDO
Census Tract410300
Assessed Land Value$41,047
Assessed Improvement Value$174,988
Assessment Year2025

About this property

This beautifully updated lock-and-leave, ground-floor condo at Reata offers effortless access to Houston’s most coveted destinations, including River Oaks District, Montrose dining, and Buffalo Bayou trails. Inside, an airy open layout is elevated by a custom built-in designed for entertaining, complemented by quartz countertops, designer tile, and warm modern finishes throughout. The serene primary suite and spa-like bath provide a private retreat, while resort-style amenities including a pool, fitness center, clubhouse, covered parking, and lush green space, making everyday living feel indulgent, yet low maintenance. Stylish, walkable, and truly move-in ready, this is River Oaks living done right.

Investor Tools

$144,808Estimated Mortgage Balance
$75,192Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Heidi Giles

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$406/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,055
$216,035
2025
$41,047
$174,988
$216,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,055
$216,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$164,000
No
First
May 1, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,808
$75,192
34%
66%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,390/mo
+$250/mo
8.9%

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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