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$487,000

NAL Estimated Property Value

4227 W Alabama St # 3, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,527 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$324.17 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Electric Range, Refrigerator, Dishwasher, Washer/Dryer, Oven
FlooringStone, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1976
Stories2
Garage Spaces2

Land Information

APN1115710000003
SubdivisionAfton Oaks T/H Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT D3 BLDG D .0474 INT COMMON LAND & ELE AFTON OAKS T/H CONDO 3RD AMEND
Census Tract411600
Assessed Land Value$73,532
Assessed Improvement Value$313,476
Assessment Year2025

About this property

Chic and stylish, this updated 2-story home has all you could ask for in a prime Afton Oaks location. Facing a gorgeous tree lined street, this end unit is surrounded by windows with an abundance of natural light flowing in to the home. This first floor features beautiful Saltillo tile floors, a wood burning fireplace and a striking custom hanging light fixture. The stunning renovated kitchen has been opened up and features matte leather quartz countertops, stainless Bosch appliances and custom cabinetry. Other notable features include a large lush fenced private patio space , 2 secondary bedrooms with hardwood floors, new HVAC unit (2024), PEX plumbing, Lutron lighting with dimmers and plantation shutters. This home is filled with character and is in a fabulous walkable location close to the River Oaks District and Highland Village.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$452,025Estimated Mortgage Balance
$34,975Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$549/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,471
$387,008
2025
$73,532
$313,476
$387,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,471
$387,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$456,000
No
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,025
$43,975
8%
93%
$2,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,283/mo
$-1,323/mo
4.8%

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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4227 W Alabama St # 3 | Property Details | No Agent List