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$149,900

408 N Post Oak Lane #408, Houston, TX, 77024

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,626 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$92.19 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

BankruptcyHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Microwave, Refrigerator

Exterior

Exterior FeaturesBalcony
Lot Size4.51 acres

Building Information

Year Built1968
Stories2

Land Information

APN1072710000016
Lot Number16
SubdivisionPost Oak Lane T/H Condo Ph 1
Land UseResidential
Legal DescriptionLT 16 BLDG D POST OAK LANE T/H CONDO PH 1 AMEND
Census Tract430101
Assessed Land Value$54,112
Assessed Improvement Value$230,690
Assessment Year2025

About this property

Discover comfortable, low-maintenance living in this beautifully maintained 2-bedroom, 2.5-bath townhome in the heart of the Memorial area. The functional floor plan features spacious living and dining areas, a well-appointed kitchen, and generously sized bedrooms, each offering privacy and comfort. New Stove Added! Enjoy a private patio, two covered carports, and the convenience of a gated community with easy access to I-10, Memorial Park, The Galleria, premier shopping, dining, and entertainment. Whether you're looking for your next home or an excellent investment opportunity, this move-in-ready property offers an unbeatable combination of location, comfort, and convenience.

Investor Tools

$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Ty Taylor

Quest Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
$992/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,271
$284,802
2025
$54,112
$230,690
$284,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,271
$284,802

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$992/mo
+$918/mo
7.7%

City: Houston