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$778,000

NAL Estimated Property Value

1938 Fairview Ave, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.22 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size1,342 sqft

Building Information

Year Built1994
Stories3
Garage Spaces2

Land Information

APN0291720010011
SubdivisionPlainview
Land UseResidential
Legal DescriptionTR 7B BLK 13 PLAINVIEW SEC 2
Census Tract410401
Assessed Land Value$147,620
Assessed Improvement Value$275,472
Assessment Year2025

About this property

Traditional three-story free-standing home in upscale River Oaks/Montrose neighborhood of single-family homes and tree-lined streets. Super central yet secure and quiet. Variety of both upscale and casual dining, entertainment, and shopping nearby, much in walking distance. Just a quick drive to major areas of interest like Downtown, Medical Center, Buffalo Bayou Park, and Galleria, and easy access to highways I-59, I-10, and I-45. No HOA. Would make a fine home or investment property. Two spacious top story bedrooms with en suite bathrooms plus a private first story guest bedroom with backyard access and adjacent bathroom. Large, light filled living room and dining area with fireplace, plus spacious kitchen, breakfast nook, and utility room on middle floor. Two HVACs recently installed w/smart thermostats and air purifying system. Security includes anti-kick-in locks and security system. Home had only one owner, and never flooded.

Investor Tools

Property Icon
$778,000
Estimated Property Value
$358,332Estimated Mortgage Balance
$419,668Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,668 /month
Positive
Cash Flow Estimate:
$1,556 /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
$5,419
$423,092
2025
$147,620
$275,472
$423,092
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,419
$423,092

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy Fcu
Conventional
$340,000
No
First
Dec 9, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,332
$448,668
55%
46%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,294/mo
+$286/mo
4.0%

City: Houston

1938 Fairview Ave | Property Details | No Agent List