$289,250
NAL Estimated Property Value1423 Fountain View Drive 36, Houston, TX, 77057
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Washer, Dishwasher
FlooringCarpet, Wood
Exterior
Exterior FeaturesCourtyard
Building Information
Year Built1975
Stories2
Garage Spaces2
Land Information
APN0994130070002
SubdivisionTanglewest T/H Condo
Land UseResidential
Legal DescriptionUNIT 36 BLDG G .007143 INT COMMON LAND & ELE TANGLEWEST T/H CONDO
Census Tract431505
Assessed Land Value$100,000
Assessed Improvement Value$189,250
Assessment Year2025
About this property
Freshly updated, charming home with 2 bedrooms & 2.5 baths located on a beautiful courtyard. Unit features a gracious floorplan, abundant natural light, fresh paint & carpet (2020) , recent roof per HOA (2020), recent French doors (2018)* to spacious outdoor living area, ample storage, large bedrooms & private ensuite baths. Complex has clubhouse, pool, & playground. Minutes from Tanglewood & the Galleria with proximity to downtown and the Med Center. Never flooded & No damage during 2021 freeze!
Investor Tools
$289,250
Estimated Property Value
$210,925Estimated Mortgage Balance
$78,325Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,736 /month
Positive
Cash Flow Estimate:
$579 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$396/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,010
$289,250
2025
$100,000
$189,250
$289,250
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,010
$289,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$232,750
No
First
Jun 21, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,925
$78,325
27%
73%
$1,396/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,792/mo
$-252/mo
6.4%
