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$384,100

NAL Estimated Property Value

1218 Fountain View Dr # 193, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,760 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.5 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Playground

Building Information

Year Built1973
Garage Spaces2

Land Information

APN1083150000009
SubdivisionTanglegrove Townhouses
Land UseResidential
Legal DescriptionUNIT 193 BLDG GG .004405 INT COMMON LAND & ELE TANGLEGROVE T/H CONDO
Census Tract431504
Assessed Land Value$73,376
Assessed Improvement Value$310,724
Assessment Year2025

About this property

Welcome to this incredibly remodeled two bedroom condo/townhouse in the Galleria area. This private corner unit overlooking the neighborhood pool has a new front door, new windows in the primary bedroom, new sliding glass doors, new bamboo floors, new kitchen floor tiles, entirely updated kitchen with designer backsplash, quartz counters, new cabinets, all new stainless steel appliances, gas oven and stove, designer accent wall paint, Led lighting, and ample natural light with double sets of French doors in the open-concept living space. Primary bedroom upstairs has been architecturally renovated to accommodate a large primary enclosed steam shower and large walk-in master closet. Wall texture has been updated throughout this home as well. Seller has enjoyed living in this quaint neighborhood that is a small, quiet getaway in the middle of the hustle and bustle of the Galleria and Tanglewood area.

Investor Tools

Property Icon
$384,100
Estimated Property Value
$265,026Estimated Mortgage Balance
$119,074Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,305 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
$458/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,587
$384,100
2025
$73,376
$310,724
$384,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,587
$384,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$275,800
No
First
Mar 4, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,026
$119,074
31%
69%
$1,654/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$2,112/mo
$-572/mo
4.8%

City: Houston

1218 Fountain View Dr # 193 | Property Details | No Agent List