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$1,227,945

983 S Post Oak Lane, Houston, TX, 77056

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths3,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$355 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Convection Oven, Electric Cooktop, Dishwasher
FlooringBamboo, Marble

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN1069800010001
SubdivisionCobblestone
Land UseResidential
Legal DescriptionTRS A1 & B2 COBBLESTONE
Census Tract431701
Assessed Land Value$255,000
Assessed Improvement Value$629,029
Assessment Year2025

About this property

CHIC & SOPHISTICATED! PRISTINE TANGLEWOOD HOME OFFERS SOUGHT-AFTER LOCATION, MODERN FINISHES & AMPLE OUTDOOR SPACE. HARD TO FIND ONE BEDROOM DOWN. Gated entry. Exquisite glass doors. Hardwood floors. Plantation shutters. Light & bright. Stunning picture windows. Large living with duel sided fireplace shared with formal dining. Fabulous island kitchen with fresh white color palette, quartz counters, shaker cabinets, wet bar and breakfast area. Study or additional bedroom off entry with stately built-ins, ensuite and patio views. Huge owner's retreat up with tray ceilings, fireplace, large closet, built-ins, dressing room, and ensuite offering jetted tub and oversized standing shower. Well-sized secondary bedroom and bath up. Laundry room down. HAVE A PARTY! Common spaces are spacious and comfortable. Multiple outdoor patios. Plenty of parking (rare). AMAZING SOUTH POST OAK LOCATION!!! Close to the best shopping, dining, and entertainment! MINUTES TO THE HOUSTONIAN.

Investor Tools

$448,992Estimated Mortgage Balance
$962,008Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,466 /month
Positive
Cash Flow Estimate:
$2,822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,682/month
$4,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,125
$884,029
2025
$255,000
$629,029
$884,029
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,125
$884,029

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$508,500
No
First
Jun 18, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,992
$962,008
68%
32%
$3,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$7,049/mo
$-4,469/mo
2.2%

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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983 S Post Oak Lane | Property Details | No Agent List