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$349,000

NAL Estimated Property Value

1115 Fountain View Dr # 47, Houston, TX, 77057

$350,495 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,008 Sq Ft
price_per_sqft$180.28 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile, Wood

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN1082920000001
SubdivisionTanglegrove T/H Condo
Land UseResidential
Legal DescriptionUNIT 47 BLDG I .004405 INT COMMON LAND & ELE TANGLEGROVE T/H CONDO
Census Tract431505
Assessed Land Value$65,232
Assessed Improvement Value$278,095
Assessment Year2025

About this property

Beautiful updated three bedroom home in the heart of the Galleria! Light & bright with two living areas downstairs with gorgeous wood flooring, high ceilings and double pane windows. As you enter one large living area with dry bar opens ton dining area. Kitchen with granite tops, SS appliances walk in pantry & laundry room opens to family living area with fireplace with views into private patio. Nice big low maintenance patio with turf and composite flooring for you grill. HUGE primary bedroom upstairs with vaulted ceiling, custom closet and update bath with walk in shower. Plus two more big bedrooms and another update full bathroom. One private garage and one private carport. Recent furnace, water heater, and electrical brought up to code with new panel. HOA covers water, sewer, trash, exterior front yard maintenance, exterior insurance, cable, clubhouse, 2 pool areas & a children's play area.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$270,660Estimated Mortgage Balance
$78,340Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$350,494
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
$541/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,738
$343,327
2025
$65,232
$278,095
$343,327
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,738
$343,327

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$284,000
No
First
Oct 27, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,660
$89,340
24%
78%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$2,244/mo
$-214/mo
7.0%

Learn About the Market: Opportunity in Houston

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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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1115 Fountain View Dr # 47 | Property Details | No Agent List