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$276,000

NAL Estimated Property Value

3231 Allen Parkway 4207, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
price_per_sqft$285.29 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1250020040014
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 4207 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

Experience the best of Houston living at Reata at River Oaks. This prime two-bedroom, two-bath corner-unit offers a walkable, bike-friendly lifestyle with Buffalo Bayou Park, Whole Foods, River Oaks Shopping Center, and Stages Theatre just steps away. Downtown, Montrose, and Memorial Park are minutes away. Freshly painted, the residence features an open living space, private balcony, double-pane insulated windows, custom kitchen cabinet fronts, and a recently replaced HVAC system (2023, per seller). Includes two covered garage spaces, with one assigned space conveniently located near the unit. Community amenities include a resort-style pool, fitness center, clubhouse, secure bike storage, and lush grounds. Monthly HOA covers water, sewer, trash, exterior insurance, and security patrol. A rare opportunity for a move-in ready home in one of Houston’s most desirable locations.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$68,035Estimated Mortgage Balance
$207,965Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
$535/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$122
$269,798
2025
$51,262
$218,536
$269,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$122
$269,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Lending Inc
Purchase Money Mortgage
$129,000
No
First
Nov 7, 2007
Dec 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,035
$207,965
75%
25%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$535/mo
+$1,425/mo
8.5%

City: Houston

3231 Allen Parkway 4207 | Property Details | No Agent List