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$230,929

NAL Estimated Property Value

359 N Post Oak Lane 322, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,134 Sq Ft
price_per_sqft$154.32 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringVinyl

Building Information

Year Built1970
Stories1

Land Information

APN1115740000114
SubdivisionPost Oak Lane Condo
Land UseResidential
Legal DescriptionUNIT 322 BLDG A 1/276 INT COMMON LAND & ELE POST OAK LANE CONDO
Census Tract430101
Assessed Land Value$43,877
Assessed Improvement Value$187,052
Assessment Year2025

About this property

Updated condo in ideal location, with elevators & concierge. All utilities included in monthly HOA fees except for phone and internet. This unit is on the 3rd floor. Vinyl plank flooring throughout. Recently updated kitchen and bathrooms with granite counters, tiled back splashes & updated hardware. 2 en-suite bedrooms at either end of the unit with open plan living area in between. Kitchen has updated appliances. Formal dining room has wall of built-ins for your books & ornaments. Large living room. Double pane vinyl windows are quiet & energy efficient. Central landscaped courtyard with sparkling pool. Utilities included in monthly HOA are water/sewer, electricity, trash, basic cable (with Comcast), periodic pest control, Luxer One Package receipt system & concierge service. There may be an option to lease a 2nd parking space as additional parking spaces are regularly available in direct agreement with other residents.

Investor Tools

Property Icon
$230,929
Estimated Property Value
$125,886Estimated Mortgage Balance
$105,043Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
$589/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,324
$230,929
2025
$43,877
$187,052
$230,929
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,324
$230,929

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$140,000
No
First
Feb 12, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,886
$105,043
45%
55%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,429/mo
+$481/mo
9.9%

City: Houston

359 N Post Oak Lane 322 | Property Details | No Agent List