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Days1730Days on Market
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$1,800

351 N Post Oak Ln Apt 601, Houston, TX, 77024

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths894 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.01 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1970
Stories1

Land Information

APN1115750000001
SubdivisionPost Oak Lane Condo
Land UseResidential
Legal DescriptionUNIT 601 BLDG B 1/276 INT COMMON LAND & ELE POST OAK LANE CONDO
Census Tract430101
Assessed Land Value$40,941
Assessed Improvement Value$174,536
Assessment Year2025

About this property

**ALL BILLS PAID FOR** first-floor condo in the heart of MEMORIAL CLOSE-IN just minutes from MEMORIAL PARK, the GALLERIA, and Downtown Houston. OPEN FLOOR PLAN with abundant NATURAL LIGHT and designer finishes throughout. Beautiful kitchen features QUARTZ & GRANITE COUNTERTOPS, SOFT-CLOSE CABINETS, BREAKFAST BAR, and comes complete with REFRIGERATOR, WASHER, and DRYER. Spacious PRIMARY SUITE with DOUBLE SINKS, WALK-IN CLOSET, and updated ENSUITE BATH. Luxury vinyl and tile flooring throughout with NO CARPET. TWO COVERED PARKING SPACES located just steps from the unit. Well-maintained community with a POOL, CLUBHOUSE, beautifully landscaped grounds, and plenty of guest parking. Zoned to highly acclaimed MEMORIAL HIGH SCHOOL and conveniently located near premier shopping, dining, and major freeway access. Move-in ready and available for immediate occupancy.

Investor Tools

Property Icon
$215,477
Estimated Property Value
$120,600Estimated Mortgage Balance
$105,959Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,293 /month
Positive
Cash Flow Estimate:
$431 /month

Interested in this property?

Mohsen Alizadeh

The Texas Property Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
$544/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,178
$215,477
2025
$40,941
$174,536
$215,477
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,178
$215,477

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$120,600
No
First
Dec 14, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,739
$105,738
49%
51%
$542/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,086/mo
+$514/mo
8.9%

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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351 N Post Oak Ln Apt 601 | Property Details | No Agent List