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$185,000

NAL Estimated Property Value

3231 Allen Pkwy Apt 6205, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths537 Sq Ft
price_per_sqft$333.33 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1993
Garage Spaces1

Land Information

APN1250020060012
SubdivisionReata At River Oaks
Land UseResidential
Legal DescriptionUNIT 6205 BLDG 6 .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

Nestled in a lush, garden-style community, this beautifully updated second-floor condo offers the perfect blend of comfort and convenience. Just moments from Whole Foods, Buffalo Bayou, popular dog parks, and all that Houston has to offer, this home features gleaming hardwood floors, an updated kitchen and bathroom plus an in-unit washer and dryer. Enjoy your morning coffee or unwind in the evening on your private balcony overlooking a tranquil, tree-lined street. Community amenities include a sparkling pool, fully equipped fitness center, BBQ area, secure garage parking, and controlled access for peace of mind. Ideally located near Downtown, the Texas Medical Center, and all the best attractions inside the loop, this condo is your gateway to vibrant city living.

Investor Tools

Property Icon
$185,000
Estimated Property Value
$336,522Estimated Mortgage Balance
$185,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
$333/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
No

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
Texas Loan Star Inc
Unknown
$169,992
No
First
Oct 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,522
N/A
0%
182%
$2,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,373/mo
$-733/mo
10.6%

City: Houston