NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$210,055

NAL Estimated Property Value

1271 Blalock Rd, Houston, TX, 77055

Off Market

2 Beds

3 Bath

1,640 Sq Ft

Condos / Townhouses

$121.95 / sqft

Built in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,995 sqft

Building Information

Year Built1960

Stories2

Garage Spaces2

Land Information

APN0984640000001

Lot Number1

SubdivisionFountain Square

Land UseResidential

Legal DescriptionLT 1 BLK 5 1/51 INT COMMON LAND & ELE FOUNTAIN SQUARE SEC 1

Census Tract522301

Assessed Land Value$109,835

Assessed Improvement Value$100,220

Assessment Year2025

About this property

Lovely corner lot townhome in the heart of Spring Branch with easy access to I-10, Downtown, Memorial City, City Centre and Beltway 8! Incredible first floor living offers effortless life style and entertaining! The kitchen was thoughtfully and elegantly updated in 2010 with marble countertops and stone backsplash. Cozy dining room is perfect for hosting family and friends! Formal living room with access to the fenced spacious back patio/court yard is a great place to grill and enjoy the outdoor living. The expansive Primary Suite with a large covered balcony is incredible outdoor space you can enjoy year-round! There is plenty of space to accommodate your own home office as well. Secondary bathroom and utility room is conveniently situated between the Primary Suite and secondary bedroom to offer utmost privacy. Increidble location with ideal layout, an abundance of storage & HARD-TO-COME-BY outdoor space built for entertaining and unbeatable price range!

Investor Tools

$210,055

Estimated Property Value

$156,421Estimated Mortgage Balance

$53,634Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,260 /month

Positive

Cash Flow Estimate:

$420 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$260/month

$965/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,067

$210,055

2025

$109,835

$100,220

$210,055

Tax History

Year

Tax Paid

Assessed Value

2024

$2,067

$210,055

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$175,000

First

Nov 23, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$156,421

$69,579

30%

74%

$1,050/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,015/mo

$-708/mo

7.5%

Learn About the Market: Opportunity in Houston

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 This Area