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$415,000

2231 Round Lake Dr, Houston, TX, 77077

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,138 Sq Ft
price_per_sqft$194.11 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size7,048 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1052880010024
Lot Number24
SubdivisionAshford Village
Land UseResidential
Legal DescriptionLT 24 BLK 1 ASHFORD VILLAGE SEC 3
Census Tract451302
Assessed Land Value$100,133
Assessed Improvement Value$225,441
Assessment Year2025

About this property

This beautiful, remodeled, move-in-ready home offers modern finishes and peace of mind. Step into a bright interior with fresh paint, updated ceiling fans, and a contemporary feel. The kitchen shines with updated cabinetry, countertops, stove, and microwave. Both bathrooms are thoughtfully upgraded. Please note that the fourth bedroom is a former dining room that was converted. The primary bath has a remodeled shower with a sleek glass enclosure, while the secondary bath includes a recently installed tub and updated cabinetry. Major mechanical upgrades include a recently installed HVAC system with new air ducts and a water heater. Conveniently located near grocery stores, retail, and dining, with easy access to major roadways for effortless commuting. A true turnkey opportunity—ideal for homeowners or investors seeking a low-maintenance property in Houston. Seller will choose the title company for this transaction! Buyer is encouraged to perform their own inspections.

Investor Tools

$317,518Estimated Mortgage Balance
$123,953Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

Interested in this property?

Derick Townsend

Morine Empire Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$169
$325,574
2025
$100,133
$225,441
$325,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$169
$325,574

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tejas Flipco Financial Llc
Commercial
$320,310
No
First
Nov 13, 2025
May 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,518
$128,482
28%
72%
$1,921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,821/mo
$-591/mo
6.1%

City: Houston

2231 Round Lake Dr | Property Details | No Agent List