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$264,900

1011 Fountain View Drive, Houston, TX, 77057

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,292 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205.03 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

High 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, Free-Standing Range, Dishwasher, Washer/Dryer
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 farmhouse 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

$225,280Estimated Mortgage Balance
$46,720Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Irteza Ali

Walzel Properties - Corporate Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
$274/month
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
$225,280
$46,720
17%
83%
$1,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,697/mo
$-157/mo
6.8%

City: Houston

1011 Fountain View Drive | Property Details | No Agent List