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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 Plank

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

ContactContact

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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%

City: Houston