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$305,000

NAL Estimated Property Value

3231 Allen Parkway 5306, Houston, TX, 77019

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.79 / sqft
Year BuiltBuilt in 1992

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1250020050020
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 5306 BLDG 5 .0079 INT COMMON LAND & ELE REATA AT RIVER OAKS CONDO
Census Tract410300
Assessed Land Value$47,946
Assessed Improvement Value$204,401
Assessment Year2025

About this property

Experience the awesomeness of this 2-bedroom apartment situated on the 3rd floor, providing you with the luxury of no upstairs neighbors and high ceilings. Relish in peaceful evenings on your balcony that comes with outside storage for your convenience. The apartment features a perfect roommate plan that allows ample privacy for both occupants. With granite countertops, black appliances, garage parking, gated access, and washer/dryer included, you couldn't ask for more. The Homeowners Association (HOA) permits one pet per bedroom, with a maximum weight of 25 pounds.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,435
$252,347
2025
$47,946
$204,401
$252,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,435
$252,347

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$305,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
7.7%

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.

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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 5306 | Property Details | No Agent List