1894Days on Market

1view

$390,000

49 Briar Hollow Ln Unit 101, Houston, TX, 77027

On Market

2 Beds

2 Bath

1,692 Sq Ft

Condos / Townhouses

$230.5 / sqft

Built in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesBalcony, Tennis Court(s)

Building Information

Year Built1981

Stories1

Garage Spaces2

Land Information

APN1150650010001

SubdivisionPark Square One Condo 4th Amend

Land UseResidential

Legal DescriptionUNIT 101 GROUND FLOOR .0068 INT COMMON LAND & ELE PARK SQUARE ONE CONDO 4TH AMEND

Census Tract411301

Assessed Land Value$208,800

Assessed Improvement Value$50

Assessment Year2025

About this property

Nestled in the tress & just inside loop 610, is this rare 1st floor unit at desired Park Square Condos, a full service Highrise. Easy commute to Galleria, Memorial Park, River Oaks, Downtown, Greenway Plaza & the Energy Corridor. Flexible floorplan, this 2 bedrooms & 2 full bathroom has hardwood & marble flooring. This Unit offers an open living/dining room with loads of glass windows & a private covered balcony. Updated clean kitchen & bathrooms, this home is ready for you to move right in. Easy living with 24/7 manned gate entry, concierge services, valet parking, & controlled access. The HOA includes a resort-style pool with sundeck & hot tub, fully equipped fitness center, sauna, tennis/ pickleball courts, dog run & electric car charging stations. More perks include a business center with Wi-Fi & conference space, a library room for quiet reading, an on-site party room with kitchen for entertainment. On-site management. Enjoy the perfect blend of luxury, location, & lifestyle.

Investor Tools

$339,000

Estimated Property Value

$194,000Estimated Mortgage Balance

$339,000Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,340 /month

Positive

Cash Flow Estimate:

$780 /month

Interested in this property?

Drew Pursell

Martha Turner Sotheby's

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$141/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$208,850

2025

$208,800

$50

$208,850

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$208,850

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chase Manhattan Mtg Corp

Unknown

$194,000

First

N/A

Dec 2031

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$370,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

N/A

+$1,960/mo

6.9%

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