$349,000
403 N Post Oak Lane 403, Houston, TX, 77024
On Market
Just Added
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDryer
Building Information
Year Built1969
Stories2
Land Information
APN1073330000002
Lot Number2
SubdivisionPost Oak Lane T/H Condo Ph 2
Land UseResidential
Legal DescriptionLT 2 BLDG F POST OAK LANE T/H CONDO PH 2
Census Tract430101
Assessed Land Value$76,421
Assessed Improvement Value$325,797
Assessment Year2025
About this property
All BILLS PAID !!! Electric , Water ,Gas, Basic Gable ,Maintenance Beautifully done 2 stories 3 bed room 2 1/2 bathroom over looking on court yard and swimming pool ,, Great spring Branch schools, Memorial High School, close to Galleria !!! A walk to Memorial Park !!! Gated community, Washer/Dryer ,2 Cars Cover Parking, Nice patio
Investor Tools
$227,212Estimated Mortgage Balance
$175,006Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,413 /month
Positive
Cash Flow Estimate:
$804 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$986/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,042
$402,218
2025
$76,421
$325,797
$402,218
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,042
$402,218
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laraby Financial Group Inc
Conventional
$250,240
No
First
Jul 12, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,212
$175,006
43%
56%
$1,501/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,487/mo
+$33/mo
7.5%
