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B+
NoAgentList RatingHow are grades calculated? Info

$392,328

241 Litchfield Ln, Houston, TX, 77024

PendingInfo
Beds3 Beds
Baths3 Bath
Baths1,697 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$209.19 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,886 sqft

Building Information

Year Built1977
Garage Spaces3

Land Information

APN1062130000096
SubdivisionEthans Glen
Land UseResidential
Legal DescriptionUNIT 96 ETHANS GLEN SEC 3 R/P
Census Tract430900
Assessed Land Value$130,410
Assessed Improvement Value$261,918
Assessment Year2025

About this property

Beautifully updated and move-in ready, this Memorial townhome offers style, comfort, and an unbeatable location zoned to Frostwood Elementary, Memorial Middle, and Memorial High. The kitchen features granite countertops, custom soft-close cabinetry with pull-out drawers and spice rack, double ovens, and abundant storage. A built-in dry bar with wine fridge makes entertaining easy. Upstairs offers hardwood floors, a convenient laundry area with stackable washer and dryer included, and a spacious primary suite with private balcony, outdoor storage, dual sinks, and oversized walk-in shower. Enjoy a large corner patio with additional storage closet. Additional highlights include Andersen windows, crown molding, ceramic tile flooring downstairs, wood-burning fireplace, tankless water heater, and recently replaced siding. Located in a beautifully maintained community in the heart of Memorial with easy access to shopping, dining, and major freeways.

Investor Tools

Property Icon
$392,328
Estimated Property Value
$0Estimated Mortgage Balance
$392,328Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,354 /month
Positive
Cash Flow Estimate:
$785 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
$635/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,027
$392,328
2025
$130,410
$261,918
$392,328
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,027
$392,328

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,328
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$635/mo
+$1,885/mo
7.7%

Learn About the Market: Opportunity in Houston

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Explore

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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241 Litchfield Ln | Property Details | No Agent List