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$377,302

220 Litchfield Ln, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,881 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.68 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Storage
Lot Size1,599 sqft

Building Information

Year Built1977
Garage Spaces4

Land Information

APN1062130000130
SubdivisionEthans Glen
Land UseResidential
Legal DescriptionUNIT 130 ETHANS GLEN SEC 3 R/P
Census Tract430900
Assessed Land Value$127,800
Assessed Improvement Value$249,502
Assessment Year2025

About this property

Highly desirable elegant condo deep in the community of Ethans Glen in the heart of Memorial. One of the largest floor plans with 3 bedrooms, 2.5 baths, high ceilings and large windows. This home has been extensively remodeled and updates include: plantation shutters, hardwood floors throughout, fresh interior paint, doors, trim, crown molding, baseboards, hardware, recessed lighting, stacked stone fireplace, built-in bookshelves, custom designed closets in all bedrooms, custom cabinetry, and updated bathrooms. Wonderful kitchen with stainless appliances, electric convection range, built-in microwave, recessed lighting, granite countertops, and island with seating overlooking the family room. Charming balcony sits in the most serene setting nestled under the mature trees with nature. Amazing location in the back of the neighborhood near the ravine and walking trails, close to the tennis courts and pool and with views of the lake and clubhouse.

Investor Tools

Property Icon
$377,302
Estimated Property Value
$247,000Estimated Mortgage Balance
$132,083Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,046
$377,302
2025
$127,800
$249,502
$377,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,046
$377,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$247,000
No
First
Nov 5, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,219
$132,083
35%
65%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,091/mo
+$429/mo
8.0%

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.

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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