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$389,000

NAL Estimated Property Value

1251 Glenwood Canyon Ln, Houston, TX, 77077

SoldInfo
7/31/26
Beds4 Beds
Baths4 Bath
Baths2,351 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size2,801 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1268260040065
Lot Number65
SubdivisionTerraces On Memorial Amend
Land UseResidential
Legal DescriptionLT 65 BLK 4 TERRACES ON MEMORIAL AMEND
Census Tract451604
Assessed Land Value$80,500
Assessed Improvement Value$262,757
Assessment Year2025

About this property

Located in a gated community in the heart of the Energy Corridor, this beautifully maintained townhome for lease offers a spacious and functional layout with 4 bedrooms, 3.5 bathrooms, and a large upstairs game room. The open-concept living area features soaring ceilings, abundant natural light, and a seamless flow into the dining room and kitchen. The first-floor primary suite offers privacy and includes dual vanities, a soaking tub, separate shower, and a generous walk-in closet. Upstairs you'll find two secondary bedrooms, a private guest suite with its own ensuite bathroom, an additional full bath, and a versatile game room. Enjoy a low-maintenance lifestyle with HOA-maintained landscaping and access to exceptional community amenities, including lakes, walking trails, a clubhouse, pool, tennis and basketball courts, playground, and controlled gated access. Conveniently located, with easy access to I-10 and the Westpark Tollway.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$227,712Estimated Mortgage Balance
$162,134Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$318/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,942
$343,257
2025
$80,500
$262,757
$343,257
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,942
$343,257

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$247,500
No
First
Feb 7, 2022
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,712
$156,288
40%
59%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,802/mo
+$1,078/mo
8.9%

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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1251 Glenwood Canyon Ln | Property Details | No Agent List