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$276,000

NAL Estimated Property Value

1421 Fountain View Dr # 35, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,512 Sq Ft
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1976
Stories2
Garage Spaces2

Land Information

APN0994130070001
SubdivisionTanglewest Townhouses
Land UseResidential
Legal DescriptionUNIT 35 BLDG G .007143 INT COMMON LAND & ELE TANGLEWEST T/H CONDO
Census Tract431505
Assessed Land Value$100,000
Assessed Improvement Value$163,720
Assessment Year2025

About this property

Discover the epitome of Houston living in this stunning Tanglewest townhouse with an enclosed 2-car garage, nestled within a beautifully landscaped courtyard. As an end unit, this home boasts French doors that open onto an oversized patio, perfect for relaxing and entertaining. Light and bright throughout, this townhouse is designed to impress with its attention to detail and high-end finishes including quartz in the kitchen!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$245,417Estimated Mortgage Balance
$30,583Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
$502/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$258
$263,720
2025
$100,000
$163,720
$263,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$258
$263,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$251,750
No
First
Dec 6, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,417
$34,583
12%
89%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$2,012/mo
$-472/mo
6.7%

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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1421 Fountain View Dr # 35 | Property Details | No Agent List