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Owner Contacts

$369,250

1922 Tallulah Ln, Houston, TX, 77077

Off Market

4 Beds

2 Bath

1,963 Sq Ft

Single Family Residence

$1.17 / sqft

Built in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Water Purifier

FlooringTile, Vinyl

Exterior

Lot Size8,403 sqft

Building Information

Year Built1969

Garage Spaces2

Land Information

APN0991300000008

Lot Number8

SubdivisionAshford South

Land UseResidential

Legal DescriptionLT 8 BLK 4 ASHFORD SOUTH SEC 1

Census Tract451301

Assessed Land Value$105,300

Assessed Improvement Value$263,950

Assessment Year2025

About this property

Charming updated 1.5 Story 4/2/2 plus detached garage ,formal living room and dining room, open floor plan in den, kitchen with granite counter tops and ceramic backsplash ,Refrigerator, breakfast bar, breakfast area ,pantry and lots of cabinets, tiled floors and recent water proof vinyl in all spacious bedrooms, fresh neutral paint throughout, water softener system, recent windows replaced, Home Warranty,lovely spacious yard with sprinkler system & concrete patio /ceiling fan for year around outdoor living on a tree-lined street in the sought after Ashford community.Amenities include 2 nearby community pools, neighborhood park, tennis courts, paid constable patrol (by HOA), backyard trash pickup, women's club and a swim team for children 4-18 years. Strong community with neighborhood spirit! Landlords are very organized and responsive! NEVER FLOODED

Investor Tools

$369,250

Estimated Property Value

$215,400Estimated Mortgage Balance

$168,173Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,216 /month

Positive

Cash Flow Estimate:

$739 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$851/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,369

$369,250

2025

$105,300

$263,950

$369,250

Tax History

Year

Tax Paid

Assessed Value

2024

$8,369

$369,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$215,400

First

Oct 4, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$201,077

$174,923

46%

54%

$1,292/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$1,292/mo

+$1,588/mo

9.4%

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