$356,000
NAL Estimated Property Value238 Litchfield Ln, Houston, TX, 77024
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesDisposal, Convection Oven, Electric Oven, Freestanding Oven, Oven, Electric Range, Free-Standing Range, Refrigerator
FlooringVinyl Plank
Exterior
Exterior FeaturesBalcony
Lot Size1,398 sqft
Building Information
Year Built1977
Garage Spaces3
Land Information
APN1062130000123
SubdivisionEthans Glen
Land UseResidential
Legal DescriptionUNIT 123 ETHANS GLEN SEC 3 R/P
Census Tract430900
Assessed Land Value$126,000
Assessed Improvement Value$161,188
Assessment Year2025
About this property
Nestled in the Memorial area, this property boasts top-rated schools and a serene location. Enjoy the internal lake, pool, and club house, giving you a feeling of living in the heart of a forest. Situated in front of the pool and near the tennis courts, this completely renovated unit features new flooring, kitchen cabinets, quartz countertops, trim, faucets, doors, bathroom cabinets, frameless glass, toilets, water heater, and recessed lights. Experience a modern and updated living space with all the amenities you desire.
Investor Tools
$356,000
Estimated Property Value
$0Estimated Mortgage Balance
$356,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,211 /month
Positive
Cash Flow Estimate:
$737 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
$665/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$221
$287,188
2025
$126,000
$161,188
$287,188
No
Tax History
Year
Tax Paid
Assessed Value
2020
$221
$287,188
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$665/mo
+$1,245/mo
6.4%
