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$282,000

3231 Allen Pkwy Apt 4307, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$283.3 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Washer, Dishwasher

Building Information

Year Built1993

Land Information

APN1250020040021
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 4307 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

Welcome to the Reata Houston's best kept secret. Just minutes from Downtown, across from Buffalo Bayou Park trails, River Oaks-West Gray shopping and restaurants makes this a prime luxury location. Renovated and beautifully maintained condo. The Reata is to Whole Foods and H-E-B. This 2 bedroom, 2 bath condo is located on the top floor (3rd) and looks out onto a beautifully maintained walkway. Updated features include updated features and custom built in closets. Amenities include a swimming pool, clubhouse, fitness center, and 4 level parking garage. Come see why The Reata Condominiums provides intown comfort and convenience.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$224,000Estimated Mortgage Balance
$68,165Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
$551/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$996
$269,798
2025
$51,262
$218,536
$269,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$996
$269,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$224,000
No
First
Nov 15, 2023
Dec 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,835
$68,165
24%
76%
$1,343/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,894/mo
+$66/mo
8.3%

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.

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 Pkwy Apt 4307 | Property Details | No Agent List