1view

Owner Contacts

$451,247

NAL Estimated Property Value

3333 Allen Pkwy Unit 1408, Houston, TX, 77019

Off Market

1 Beds

2 Bath

1,201 Sq Ft

Condos / Townhouses

$2.75 / sqft

Built in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2003

Garage Spaces1

Land Information

APN1268220000119

SubdivisionRoyalton At River Oaks

Land UseResidential

Legal DescriptionUNIT 1408 .0028 INT COMMON LAND & ELE ROYALTON AT RIVER OAKS CONDO 3RD AMEND

Census Tract410300

Assessed Land Value$85,737

Assessed Improvement Value$365,510

Assessment Year2025

About this property

This is a rare opportunity to lease a condo featuring expansive Downtown Houston views along with a desirable 1 bedroom + 1.5 bath layout. Located in a prime position within the building, this residence offers recent updates including modern light fixtures, a customized closet with built-in shelving and drawers, motorized shades in the living room and premium KitchenAid appliances. Enjoy a comfortable, refined living experience with a true lock-and-leave lifestyle. The building provides excellent amenities, including a fitness center, valet service, and on-site staff. Walking distance to Buffalo Bayou Park, Memorial Park trails, Whole Foods, and numerous restaurants and shops. One reserved parking space included.

Investor Tools

$451,247

Estimated Property Value

$242,651Estimated Mortgage Balance

$208,596Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,707 /month

Positive

Cash Flow Estimate:

$902 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$372/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,204

$451,247

2025

$85,737

$365,510

$451,247

Tax History

Year

Tax Paid

Assessed Value

2024

$2,204

$451,247

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

International Bank Of Commerce

Conventional

$268,800

First

Apr 15, 2021

May 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$242,651

$208,596

46%

54%

$1,612/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,612/mo

+$28/mo

4.4%

Learn About the Market: Opportunity in Houston

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