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Owner Contacts

$1,226,000

2149 Fairview Ave, Houston, TX, 77019

Off Market

3 Beds

4 Bath

3,526 Sq Ft

Condos / Townhouses

$250.99 / sqft

Built in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size3,084 sqft

Building Information

Year Built1995

Garage Spaces2

Land Information

APN0680850010013

Lot Number1,2

SubdivisionNormandy Place

Land UseResidential

Legal DescriptionE 1 FT OF LT 1 & W 24.5 FT OF LT 2 BLK 1 NORMANDY PLACE

Census Tract411100

Assessed Land Value$385,625

Assessed Improvement Value$388,329

Assessment Year2025

About this property

Very nice Normandy Place patio home in the greater Glendower Court area. Entry courtyard to front door opening into foyer with slate floors and courtyard views with landscaping by Johnny Steele. Dining room off well-appointed kitchen with concrete counters and stainless appliances. Doorway from kitchen to attached two car garage. Stair hall with courtyard views with powder bath and wet bar access opens to large living room with fireplace, hardwoods and great lighting. Upstairs to 2nd floor master suite with fireplace and courtyard views, walk-in closets and large master bath with vaulted ceiling. Additional 2nd level bedroom and bath. Laundry room. Third floor bedroom with full bath and attic storage. Attractive throughout and well located. Additional off street driveway parking. A fine home.

Investor Tools

$1,226,000

Estimated Property Value

$975,000Estimated Mortgage Balance

$304,637Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,356 /month

Positive

Cash Flow Estimate:

$2,452 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,679/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,015

$773,954

2025

$385,625

$388,329

$773,954

Tax History

Year

Tax Paid

Assessed Value

2024

$14,015

$773,954

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$975,000

First

May 16, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$921,363

$218,637

19%

75%

$5,846/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$5,846/mo

$-3,266/mo

2.5%

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