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$267,500

1011 Fountain View Dr, Houston, TX, 77057

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,292 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.04 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1976
Stories2
Garage Spaces1

Land Information

APN1095850070005
SubdivisionWoodway Place T/H
Land UseResidential
Legal DescriptionTRS 106A & 107B WOODWAY PLACE T/H SEC 2
Census Tract431505
Assessed Land Value$100,000
Assessed Improvement Value$137,808
Assessment Year2025

About this property

Amazing Tanglewood/Galleria townhome! Cozy & well maintained, this 2-bedroom, 1.5-bath unit in the heart of Houston offers an open layout & effortless living. Abundant natural light flows throughout the living, dining, and kitchen areas, complemented by an inviting fireplace in the living room. The kitchen features a large stainless steel sink with modern finishes, and plenty of storage space. Step outside to a private patio with ample seating area—perfect for relaxing or entertaining. Additionally, this unit has a private detached 2 car garage and the community offers a large pool for residents! Centrally located with convenient access to Houston’s finest shopping & dining areas, and major highways including 610, Southwest Freeway, and Katy Freeway. This home offers both comfort and convenience. A must see!

Investor Tools

$224,516Estimated Mortgage Balance
$14,448Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,605 /month
Positive
Cash Flow Estimate:
$535 /month

Interested in this property?

Irteza Ali

Walzel Properties - Corporate Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,505
$237,808
2025
$100,000
$137,808
$237,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,505
$237,808

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$237,179
Yes
First
Aug 3, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,516
$42,484
15%
94%
$1,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,423/mo
+$117/mo
7.8%

City: Houston

1011 Fountain View Dr | Property Details | No Agent List