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For sale
Residential income properties
TX
Houston
77027
58 Briar Hollow Lane 204

Luxury Condo Near Galleria

58 Briar Hollow Lane 204, Houston, TX 77027

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For Sale

$319,000

Executive-style condo with private balcony near Galleria and downtown.

Type:Condo/Townhome

Property size:

1,582 SF

Lot size:

0.48 Acres

Price / SF:

$201/SF

HighLights

Prime Location: Inside the loop, near Galleria, minutes from downtown Houston, shopping, and restaurants.
Luxury Features: Hardwood floors, granite countertops with backsplash, stainless steel appliances, spa tub.
Private Balcony: Enjoy outdoor space directly accessible from the living area.
Secure Parking: Includes underground parking for 2 cars (#44, 45).
Upscale Design: 10' ceilings, crown molding, and 8' doors.
Proximity to Memorial Park: Located near Memorial Park and other community parks.

We can help!

Listing Contact

Swee Koh

For Sale

$319,000

Executive-style condo with private balcony near Galleria and downtown.

Type:Condo/Townhome

Property size:

1,582 SF

Lot size:

0.48 Acres

Price / SF:

$201/SF

Added:: Nov 30, 2024
Days on Market:: 562
Last Refresh:: May 19 at 10:46 pm

Property Features for 58 Briar Hollow Lane 204

General Information

Standard status: Active
Size: 1,582 SF
Lot size: 0.48 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 2004

We can help!

Listing Contact

Swee Koh

Listing agent Swee Koh License #0601799

Listing office Yan-Min Kuo, Broker

Listing date Nov 30, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Yan-Min Kuo, Broker

HighLights

Prime Location: Inside the loop, near Galleria, minutes from downtown Houston, shopping, and restaurants.
Luxury Features: Hardwood floors, granite countertops with backsplash, stainless steel appliances, spa tub.
Private Balcony: Enjoy outdoor space directly accessible from the living area.
Secure Parking: Includes underground parking for 2 cars (#44, 45).
Upscale Design: 10' ceilings, crown molding, and 8' doors.
Proximity to Memorial Park: Located near Memorial Park and other community parks.

Overview

This executive-style condo offers luxury living inside the loop, near the Galleria and within minutes of downtown Houston, shopping, and restaurants. The property features 2 bedrooms and 2 bathrooms, along with a private balcony. Interior details include hardwood floors, granite countertops with backsplash, 10-foot ceilings, crown molding, and 8-foot doors. Stainless steel appliances are included. The unit also features a spa tub. Residents have access to an elevator and underground parking for 2 cars. The property size is 1582 square feet. The neighborhood is located just south of Memorial Park and contains several smaller community parks. Situated in the heart of Central Houston, River Oaks is a short distance from Central Market, the Rienzi Museum of Fine Arts, the Bayou Bend Collection and Gardens, and other Houston attractions.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$34.7k	$21.96
− Vacancy	−$2.2k	−$1.36
EGI	$32.6k	$20.60
− OpEx	−$14.7k	−$9.27
NOI	$17.9k	$11.33

1,582 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$256.0K

$224.0K – $298.7K (±1% cap)

NOI $17,923 @ 7.0% cap · market cap 5.62%

Second Best

—

no second resolved use

Theoretical Best

Office A

$406.8K

$356.0K – $474.6K (±1% cap)

NOI $28,476 @ 7.0% cap · market cap 8.93%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Cash for cars 24/7 Auto Repair Shop Bridgepoint Financial Financial Advisor

Suggested Use

Location Insight

Map
Local Demand

City: Houston
County: Fort Bend
State: Texas
Longitude: -95.4509022
Latitude: 29.7551012

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For sale
Residential income properties
TX
Houston
77027
58 Briar Hollow Lane 204

What type of property is this?

Residential income property - Executive-style condo with private balcony near Galleria and downtown.

Where is this residential income property located?

The property is located at 58 Briar Hollow Lane 204 Houston, TX.

What is the asking price?

The asking price for this property is $319,000.

What are key features of this property?

This property features: Prime Location: Inside the loop, near Galleria, minutes from downtown Houston, shopping, and restaurants.; **Luxury Features:** Hardwood floors, granite countertops with backsplash, stainless steel appliances, spa tub.; **Private Balcony:** Enjoy outdoor space directly accessible from the living area.