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$408,000

NAL Estimated Property Value

516 S Post Oak Ln Unit 26, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,072 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$185.81 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Lot Size2,875 sqft

Building Information

Year Built1978
Stories1
Garage Spaces1

Land Information

APN1056650000026
Lot Number26
SubdivisionPiney Oaks Estate T/H R/P
Land UseResidential
Legal DescriptionLT 26 PINEY OAKS ESTATE T/H R/P
Census Tract431701
Assessed Land Value$124,828
Assessed Improvement Value$261,545
Assessment Year2025

About this property

Welcome to easy living in the heart of Houston's vibrant Galleria area. This stunning 2-bedroom, 2-bathroom condo offers a perfect blend of sophistication and convenience. As you step inside, you're greeted by an open layout with abundant natural light and stylish finishes throughout. The kitchen features ample countertop space, stainless steel appliances, and cabinet storage space. The spacious living area features a cozy fireplace and access to a private atrium for added natural light. The primary suite is located in the back of the home, boasting a generously sized bedroom, en-suite bathroom, and 2 walk-in closets. There is a back fenced in private patio off of the primary bedroom. The secondary bedroom is equally inviting and can serve as a guest room, home office, or whatever suits your lifestyle best. With its prime location, you're just moments away from world-class shopping, dining, and entertainment options. Schedule your showing today!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$230,314Estimated Mortgage Balance
$177,686Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,116
$386,373
2025
$124,828
$261,545
$386,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,116
$386,373

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$237,000
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,314
$159,686
40%
56%
$1,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,421/mo
$-461/mo
5.8%

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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516 S Post Oak Ln Unit 26 | Property Details | No Agent List