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$159,900

1219 Fallbrook Dr, Houston, TX, 77038

$191,732 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,506 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.18 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,183 sqft

Building Information

Year Built1979
Stories1

Land Information

APN1074620000817
Lot Number817
SubdivisionFallbrook
Land UseResidential
Legal DescriptionLT 817 BLK 23 FALLBROOK SEC 2
Census Tract533702
Assessed Land Value$33,039
Assessed Improvement Value$177,833
Assessment Year2025

About this property

Four bedrooms and two and a half baths at this price, and the two big-ticket items are already handled - the roof was recently replaced and the HVAC is fairly new. What is left is cosmetic: the paint and finishes are dated. Large covered back patio with plumbing already roughed into the slab, so a future addition or outdoor kitchen is on the table. Single story on an established street with mature shade out front. Sold as-is.

Investor Tools

$124,820Estimated Mortgage Balance
$101,180Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$191,732
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

Interested in this property?

Jimmy Marks

Loft Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,899
$210,872
2025
$33,039
$177,833
$210,872
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,899
$210,872

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reza Bazazzadeh
Unknown
$125,000
No
First
Jul 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,820
$101,180
44%
55%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$750/mo
+$1,476/mo
11.8%

Learn About the Market: Opportunity in Houston

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Explore

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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1219 Fallbrook Dr | Property Details | No Agent List