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Owner Contacts

$190,000

NAL Estimated Property Value

3231 Allen Parkway 4103, Houston, TX, 77019

Off Market

1 Beds

1 Bath

537 Sq Ft

Condos / Townhouses

$292.18 / sqft

Built in 1993

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer

FlooringLaminate, Tile

Building Information

Year Built1993

Land Information

APN1250020040003

SubdivisionReata At River Oaks

Land UseResidential

Legal DescriptionUNIT 4103 BLDG 4 .0049 INT COMMON LAND & ELE REATA AT RIVER OAKS CONDO

Census Tract410300

Assessed Land Value$30,499

Assessed Improvement Value$130,020

Assessment Year2025

About this property

Charming One bedroom ground level _The Reata At river Oaks is a gated community that offers a beautiful pool with lounge area, fitness room and parking garage. Nice size cozy patio and Well maintained by owner, Freestanding induction type with a vent - stove & oven and dishwasher appliances installed in June,2020,Living room and bedroom laminate floor: 2019 Living room paint and crown molding job in 2019,A/C Compressor: 2018, Water heater 2020,Bathtub and wall: 2014,Bathroom and Kitchen tile floor: 2014. Cozy private patio/deck and convenient location to Downtown, shopping, park and Freeway...Ready to move in this Spring!

Investor Tools

$190,000

Estimated Property Value

$183,524Estimated Mortgage Balance

$6,476Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,140 /month

Positive

Cash Flow Estimate:

$380 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$370/month

$286/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,485

$160,519

2025

$30,499

$130,020

$160,519

Tax History

Year

Tax Paid

Assessed Value

2024

$3,485

$160,519

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$189,150

First

Sep 30, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$183,524

$6,476

97%

$1,135/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,421/mo

+$219/mo

10.4%

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