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$550,000

NAL Estimated Property Value

1931 Greenwich Terrace Dr, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,002 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size1,847 sqft

Building Information

Year Built2000
Garage Spaces1

Land Information

APN1201910020008
SubdivisionGreenwich Court
Land UseResidential
Legal DescriptionTR 8 BLK 2 GREENWICH COURT
Census Tract410300
Assessed Land Value$175,275
Assessed Improvement Value$298,774
Assessment Year2025

About this property

Here's your opportunity to live in one of the hottest areas in town with incredible access to many dining and shopping venues PLUS just a few blocks away from Memorial Park and Bayou Park!! Quiet community of townhomes with ample guest parking inside the gates. 1931 Greenwich is conveniently located at the very end of the complex and it has a large grass area by the front door that could easily become a lovely relaxing and entertaining spot - this beautiful townhome has one bedroom down and two on the third floor. There is NO carpeting anywhere, all hardwood floors in the living and bedroom areas, and tile in the bathrooms... Pets will be considered on a case by case basis -

Investor Tools

Property Icon
$550,000
Estimated Property Value
$146,599Estimated Mortgage Balance
$403,401Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,564
$474,049
2025
$175,275
$298,774
$474,049
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,564
$474,049

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$149,000
No
First
Jun 13, 2025
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,599
$343,401
70%
27%
$894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$894/mo
+$1,686/mo
5.6%

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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1931 Greenwich Terrace Dr | Property Details | No Agent List