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Owner Contacts

$265,000

NAL Estimated Property Value

1335 Fountain View Drive 138, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,428 Sq Ft

Condos / Townhouses

$150.49 / sqft

Built in 1975

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringBrick, Tile

Building Information

Year Built1975

Stories2

Garage Spaces2

Land Information

APN0994130210008

SubdivisionTanglewest T/H Condo

Land UseResidential

Legal DescriptionUNIT 138 BLDG V .007143 INT COMMON LAND & ELE TANGLEWEST T/H CONDO

Census Tract431505

Assessed Land Value$100,000

Assessed Improvement Value$146,598

Assessment Year2025

About this property

WOW Location! Lovely Galleria two story town home! Charming front door entry w/ super large storage closet at the front. Nice size living area with storm style windows (super quiet ), powder bath for guests, good size dining/breakfast area, open to the kitchen! Nice island, plenty of nice white cabinets, refrigerator, washer/dryer (included). Large storage/utility room! Kitchen window overlooking a spectacular patio area with one car open garage and one enclosed! Two super large bedrooms up with large walk in closets and en suite baths! Sprinkler system! Association did exterior paint in 2019 and roofs in 2020! Never Flooded and no freeze damage * per seller. Walk to HEB, dining, shopping! Trader Joe's and Whole Foods just down the block! Minutes to Galleria, I-10, Downtown! Lovely grounds through the community! This one is ready for your personal touch! Garage door replaced 2021, a/c condensing 4/21, new water heater Jan 2021, Bosch dishwasher 6/20**per seller

Investor Tools

$265,000

Estimated Property Value

$151,395Estimated Mortgage Balance

$113,605Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$539/month

$394/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,147

$246,598

2025

$100,000

$146,598

$246,598

Tax History

Year

Tax Paid

Assessed Value

2024

$5,147

$246,598

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$152,500

First

Dec 4, 2025

Jan 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$151,395

$113,605

42%

57%

$915/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,309/mo

+$231/mo

7.0%

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