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$218,000

351 N Post Oak Lane 805, Houston, TX, 77024

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,710 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$127.49 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Building Information

Year Built1970
Stories1

Land Information

APN1115750000096
SubdivisionPost Oak Lane Condo
Land UseResidential
Legal DescriptionUNIT 805 BLDG B 1/276 INT COMMON LAND & ELE POST OAK LANE CONDO
Census Tract430101
Assessed Land Value$49,123
Assessed Improvement Value$209,419
Assessment Year2025

About this property

Beautifully updated condo. This unit designed layout features 3 bedrooms, 2 full baths, and a versatile study that can serve as a home office or additional guest room. Located within a gated community, residents enjoy landscaped courtyards, elevators, and a secure lobby with a convenient package locker system. The updated kitchen with new quartz countertops, while new flooring throughout adds a fresh, modern feel. New painting; Monthly HOA dues cover all utilities, including electricity, water and sewer, high-speed internet, cable TV, trash service, and private security. Great location next to Memorial Park and just minutes from The Galleria, CityCentre, Memorial City, The Heights, Downtown, and Buffalo Bayou Park, with quick access to I-610 and I-10, this home offers both comfort and unbeatable convenience.

Investor Tools

$138,100Estimated Mortgage Balance
$150,900Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

Interested in this property?

Michelle Lee

KingFay Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$734/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,602
$258,542
2025
$49,123
$209,419
$258,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,602
$258,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Parkside Lending Llc
Conventional
$172,500
No
First
Nov 9, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,100
$150,900
52%
48%
$1,035/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,769/mo
+$751/mo
10.5%

City: Houston