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$1,189,823

NAL Estimated Property Value

121 Glynn Way Drive, Houston, TX, 77056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,488 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$308.2 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

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, Convection Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Marble, Tile, Wood

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN1003810000018
Lot Number18
SubdivisionBriar Manor R/P
Land UseResidential
Legal DescriptionLT 18 & TR 8A-14 ABST 697 C SAGE .038461 INT COMMON LAND & ELE BRIAR MANOR R/P
Census Tract431600
Assessed Land Value$350,000
Assessed Improvement Value$839,823
Assessment Year2025

About this property

Excellent opportunity for a well maintained townhome in a secluded Tanglewood area community with wooded views and a ground-floor-living floorplan. Enter through a gated front courtyard with lush landscaping. The entry foyer opens to the formal dining room and living area. The kitchen and breakfast area feature a stainless appliance package, granite countertops, and opens up to a private courtyard with a fountain. A spacious living room opens to the rear patio with unobstructed wooded views. Ground floor primary bedroom features a marble clad bathroom and walk-in closet, as well as access to the private courtyard and wooded views over the ravine at the rear of the property. Additional features include two-car garage with private driveway, utility room in house, and a dry bar to serve the living room. Second floor has two bedrooms with a shared bath, a game room, a flex room, cedar closet, and access to ample attic storage. Great location with easy access to Tanglewood area amenities.

Investor Tools

Property Icon
$1,189,823
Estimated Property Value
$0Estimated Mortgage Balance
$1,189,823Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,139 /month
Positive
Cash Flow Estimate:
$2,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,421/month
$7,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,099
$1,189,823
2025
$350,000
$839,823
$1,189,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,099
$1,189,823

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,189,823
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$7,000/mo
$-4,420/mo
2.6%

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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121 Glynn Way Drive | Property Details | No Agent List