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$460,000

49 Briar Hollow Ln Unit 605, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,157 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$231.8 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Stone, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage, Tennis Court(s), Dog Run, Balcony

Building Information

Year Built1981
Stories1

Land Information

APN1150650060005
SubdivisionPark Square One Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 605 FLOOR 6 .0087 INT COMMON LAND & ELE PARK SQUARE ONE CONDO 4TH AMEND
Census Tract411301
Assessed Land Value$73,863
Assessed Improvement Value$314,891
Assessment Year2025

About this property

Established guard gated full-service building tucked amongst the trees perfectly situated just inside the loop near the Galleria. #605 has views of East, South and West. Enjoy dining or having a glass of wine on the oversized balcony accessed from the living area. The open-concept dining and living area is bathed in natural light with expansive windows, creating a warm, inviting space ideal for entertaining or relaxing. The large primary suite boasts an elegant ensuite bathroom with a tub/shower, double marble-topped vanities, a dedicated vanity area & 2 walk-in closets. 2nd bedroom with closet & full hallway bathroom. Utility room with side-by-side washer and dryer & storage. 24-hour concierge, valet services, on site management, sparkling pool, fitness center, party room, tennis court, garden room, and lovely outside dining area with fire pit. 2 reserved parking spaces & plenty of extra guest parking. Extra basement storage! Proximity to shopping, dining & major highways.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$124,000Estimated Mortgage Balance
$428,192Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
$2,131/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$324
$388,754
2025
$73,863
$314,891
$388,754
No

Tax History

Year
Tax Paid
Assessed Value
2024
$324
$388,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$124,000
No
First
Jan 3, 2014
Jan 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,808
$451,192
93%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,131/mo
$-171/mo
5.1%

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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49 Briar Hollow Ln Unit 605 | Property Details | No Agent List