B+

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Owner Contacts

$356,000

NAL Estimated Property Value

1222 Glenwood Canyon Ln, Houston, TX, 77077

Off Market

3 Beds

3 Bath

2,134 Sq Ft

Condos / Townhouses

$1.08 / sqft

Built in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,779 sqft

Building Information

Year Built2009

Garage Spaces2

Land Information

APN1268260040040

Lot Number40

SubdivisionTerraces On Memorial Amend

Land UseResidential

Legal DescriptionLT 40 BLK 4 TERRACES ON MEMORIAL AMEND

Census Tract451604

Assessed Land Value$80,620

Assessed Improvement Value$224,165

Assessment Year2025

About this property

Welcome to this beautiful townhome in a GATED COMMUNITY in the heart of THE ENERGY CORRIDOR at Terraces on Memorial! This home features an open concept plan with 3BD, game room, a breakfast area, spacious formal dining, and a family room The Primary Suite is on the first floor, along with hardwood floors, high ceilings, granite countertops, and stainless steel appliances. Enjoy strolling around the scenic lake and walking to Terry Hershey Park and other amenities, including the community swimming pool and tennis court. The exceptional location is minutes away from Katy Fwy and other main access roads. Recent Interior Paint..Feels and shows beautifully! Must see. WASHER, DRYER, REFRIGERATOR AND FRONT YARD MAINTENANCE ARE INCLUDED.

Investor Tools

$356,000

Estimated Property Value

$158,423Estimated Mortgage Balance

$197,577Estimated Equity

59% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,136 /month

Positive

Cash Flow Estimate:

$712 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$708/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,718

$304,785

2025

$80,620

$224,165

$304,785

Tax History

Year

Tax Paid

Assessed Value

2024

$6,718

$304,785

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

N/A

$200,000

N/A

First

Jul 22, 2016

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$158,423

$229,577

59%

45%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$1,200/mo

+$1,030/mo

7.5%

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.

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