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Owner Contacts

$1,404,000

112 Wellington Row Rd, Houston, TX, 77024

Off Market

3 Beds

4 Bath

2,650 Sq Ft

Condos / Townhouses

$371.7 / sqft

Built in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,026 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1359420080010

Lot Number10

Land UseResidential

Legal DescriptionLT 10 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN 2ND PAR R/P

Census Tract430900

Assessed Land Value$432,903

Assessed Improvement Value$853,906

Assessment Year2025

About this property

UNDER CONSTRUCTION! Handsome Transitional townhome by award-winning Davis Group Home Builders located in gated Memorial Green. Stucco corner unit features first-floor living with private adjacent courtyard, 11' ceilings on 1st floor and 10' ceilings on 2nd and 3rd floors, light filled rooms, hardwoods in living areas, stair hall, study and primary, complete with luxurious finishes. Open concept kitchen with Bosch appliances and Benedettini Cabinetry will open to the family room and dining room with views of the private courtyard. 2nd floor features a Primary Retreat with double vanities, walk-in shower and free-standing tub, large walk-in closet; study/optional secondary bedroom with optional en-suite bath; utility room. 3rd floor features two secondary bedrooms with ensuite baths; storage closet; large game room with terrace. 2-car garage. Zoned to Frostwood Elementary, Memorial Middle and Memorial High.

Investor Tools

$1,404,000

Estimated Property Value

$500,000Estimated Mortgage Balance

$945,686Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,424 /month

Positive

Cash Flow Estimate:

$2,808 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,161/month

$3,680/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,912

$1,286,809

2025

$432,903

$853,906

$1,286,809

Tax History

Year

Tax Paid

Assessed Value

2024

$6,912

$1,286,809

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$500,000

First

Dec 30, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$458,314

$989,686

68%

33%

$2,998/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

$6,678/mo

$-4,158/mo

2.2%

Learn About the Market: Opportunity in Houston

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