NoAgentList RatingHow are grades calculated?

1view

$853,000

1942 Fairview Ave, Houston, TX, 77019

Off Market

3 Beds

3 Bath

2,396 Sq Ft

Single Family Residence

$260.81 / sqft

Built in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringLaminate, Tile, Wood

Exterior

Lot Size1,681 sqft

Building Information

Year Built1994

Stories3

Garage Spaces2

Land Information

APN0291720010007

SubdivisionPlainview

Land UseResidential

Legal DescriptionTR 7 BLK 13 PLAINVIEW SEC 2

Census Tract410401

Assessed Land Value$184,800

Assessed Improvement Value$380,359

Assessment Year2025

About this property

Beautiful, Updated Patio Home located in a small gated community of 5 Homes. Second floor living areas with an open concept floor plan. The Living Room features Wood Floors, Gas Fireplace, Windows Coverings, Large Dining Room, Window Coverings and a Juliet Balcony. Kitchen with Slab Carrera Marble Counters, Carrera Tile Backsplash, Stainless Appliances, Breakfast Area and an Exterior Staircase down to the Yard for convenient Access. The Large Primary offers Vaulted Ceiling, Window Coverings, plus an Updated Primary Bathroom. There is a New Roof Installed in June 2024. Low maintenance, Brick and Hardi Exterior, Patio and a Yard. Located within walking distance to River Oaks Shopping Center, Buffalo Bayou Park and many shops and eateries. Minutes by car to downtown Houston, Rice University and the Texas Medical Center.

Investor Tools

$853,000

Estimated Property Value

$495,200Estimated Mortgage Balance

$371,770Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,118 /month

Positive

Cash Flow Estimate:

$1,706 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,096/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,893

$565,159

2025

$184,800

$380,359

$565,159

Tax History

Year

Tax Paid

Assessed Value

2024

$8,893

$565,159

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Zillow Home Loans Llc

Conventional

$495,200

First

Oct 21, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$481,230

$325,770

40%

56%

$2,969/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,969/mo

$-389/mo

3.6%

Learn About the Market: Opportunity in Houston

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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.

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