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$280,000

NAL Estimated Property Value

3231 Allen Parkway 4107, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$242.45 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Building Information

Year Built1993

Land Information

APN1250020040007
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 4107 BLDG 4 .0079 INT COMMON LAND & ELE REATA AT RIVER OAKS CONDO
Census Tract410300
Assessed Land Value$51,262
Assessed Improvement Value$218,536
Assessment Year2025

About this property

Unit 4107 is a move-in ready ground floor corner unit with easy access to the parking garage, pedestrian walk gate, community pool and club house. Inside this updated condo you have 2 bedrooms, 2 bathrooms, open concept kitchen, living, dining area. Kitchen has fresh new cabinet doors/drawer facings. It also has granite counters, SS appliances, panty and breakfast bar, SS refrigerator is included. The in-unit laundry room is fully equipped with front load washer and dryer which are included. You also have a nice private patio accessed through your sliding patio doors from your living room. The patio has a locking storage closet for your bike and extra "stuff". Easy Inner Loop living is achieved at the Reata Condominium community which includes a pool/clubhouse, onsite gym, green space, and dog run. Buffalo Bayou Park, local shopping, restaurants and bars are within walking distance. Your new home with its lock and go life style is ready for you. Schedule your private tour today.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$217,435Estimated Mortgage Balance
$62,565Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
$458/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,858
$269,798
2025
$51,262
$218,536
$269,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,858
$269,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$220,000
No
First
Sep 19, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,435
$62,565
22%
78%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,778/mo
+$182/mo
8.4%

Learn About the Market: Opportunity in Houston

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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 4107 | Property Details | No Agent List