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Owner Contacts

$219,097

355 N Post Oak Ln Apt 739, Houston, TX, 77024

Off Market

2 Beds

2 Bath

1,315 Sq Ft

Condos / Townhouses

$129.2 / sqft

Built in 1970

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Oven

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Building Information

Year Built1970

Stories1

Land Information

APN1115750000084

SubdivisionPost Oak Lane Condo

Land UseResidential

Legal DescriptionUNIT 739 BLDG B 1/276 INT COMMON LAND & ELE POST OAK LANE CONDO

Census Tract430101

Assessed Land Value$41,628

Assessed Improvement Value$177,469

Assessment Year2025

About this property

Experience the best of Memorial Close-In living in the highly-sought after Post Oak Lane Condominiums. This 2nd floor unit is situated on a quiet, tree lined street and overlooks the sparkling pool and well-manicured courtyard. Great features of the space include - abundant natural light, wood laminate floors in the living, dining and study; an oversized living area and separate dining area; large kitchen with full size washer/dryer; spacious bedrooms; 2 large full baths; an expansive walk-in master closet and great storage. Only two owners and zoned to sought after Spring Branch ISD, great access to major freeways, and conveniently located to Memorial Park, the Galleria, Uptown Park, and Downtown. Maintenance fee includes electricity, basic cable, water/sewer, maintenance and landscaping of grounds, and on-site patrol.

Investor Tools

$219,097

Estimated Property Value

$135,150Estimated Mortgage Balance

$97,094Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,315 /month

Positive

Cash Flow Estimate:

$438 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$279/month

$610/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,258

$219,097

2025

$41,628

$177,469

$219,097

Tax History

Year

Tax Paid

Assessed Value

2024

$2,258

$219,097

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$135,150

First

Apr 14, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$122,003

$97,094

44%

56%

$811/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$1,421/mo

+$489/mo

10.5%

Learn About the Market: Opportunity in Houston

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