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$1,734,000

3433 Westheimer Road 503, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,929 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$826.85 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringStone, Wood

Exterior

Exterior FeaturesStorage, Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built1962

Land Information

APN1368100050003
Land UseResidential
Legal DescriptionUNIT 503 LEVEL 5 .0077 INT COMMON LAND & ELE THE RIVER OAKS CONDO 3RD AMEND
Census Tract411504
Assessed Land Value$325,073
Assessed Improvement Value$1,370,627
Assessment Year2025

About this property

Luxury living on the 5th floor of The River Oaks condos. Unit features an open floor plan with stunning North facing views through floor-to-ceiling windows. Gourmet kitchen open to living area has waterfall Calcatta island and counters, sleek Poggenpohl cabinetry and top-of-the-line Gaggenau appliances. Formal dining open with door to balcony with unobstructed views of River Oaks. Primary suite with spa-like bath, walk-in closet with custom organization closet plus secondary closet that doubles as an office. Guest bedroom with en-suite bath and walk-in closet. Formal entry with half bath. Fully-automated window shades throughout. This full-service building offers 5-star amenities including: concierge, resort-style pool, fitness center, private guest suites and more.

Investor Tools

Property Icon
$1,734,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,734,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,404 /month
Positive
Cash Flow Estimate:
$3,468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,631/month
$1,737/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,899
$1,695,700
2025
$325,073
$1,370,627
$1,695,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,899
$1,695,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,734,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,737/mo
+$223/mo
1.4%

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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