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B+
NoAgentList RatingHow are grades calculated? Info
Days36Days on Market
Views1view
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$229,000

1327 Fallbrook Dr, Houston, TX, 77038

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,889 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.23 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,183 sqft

Building Information

Year Built1979
Stories1

Land Information

APN1074590000842
Lot Number842
SubdivisionFallbrook
Land UseResidential
Legal DescriptionLT 842 BLK 7 FALLBROOK SEC 2
Census Tract533702
Assessed Land Value$33,039
Assessed Improvement Value$201,497
Assessment Year2025

About this property

This lovely, updated 1-story 4BR, 2FB all brick home has wood tile flooring throughout with no carpet. The kitchen features granite countertops, tile backsplash, and stainless steel appliances. The floorplan is inviting and open living, dining, and kitchen concept. There is a spacious front/back yard with a large driveway great for multiple guests. All the windows in this home have been upgraded to vinyl double pane that allows natural sunlight to shine throughout the home. Huge primary bedroom has a nice sized walk in closet. Primary bathroom has a separate vanity and walk-in shower. Garage has been converted to a massive 4th bedroom can be used as a family room or game room. This clean and well kept property has never been flooded. Conveniently located near shops, restaurants, medical, and Beltway 8! No HOAs.

Investor Tools

Property Icon
$234,536
Estimated Property Value
$149,150Estimated Mortgage Balance
$84,858Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,407 /month
Positive
Cash Flow Estimate:
$469 /month

Interested in this property?

Steven Tran

The Sears Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,778
$234,536
2025
$33,039
$201,497
$234,536
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,778
$234,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$149,150
No
First
Feb 21, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,678
$84,858
36%
64%
$1,021/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,021/mo
+$1,205/mo
11.4%

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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1327 Fallbrook Dr | Property Details | No Agent List