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$591,000

2661 Fountain Key Blvd, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,664 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size2,461 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN0561630040035
Lot Number35
SubdivisionShady Acres 10th Par R/P
Land UseResidential
Legal DescriptionLT 35 BLK 1 SHADY ACRES 10TH PAR R/P
Census Tract511100
Assessed Land Value$172,200
Assessed Improvement Value$418,800
Assessment Year2025

About this property

Located in a secure gated community with multiple guest parking spots, this home combines elegance with everyday practicality. This home features a first-floor bedroom with a private on-suite bathroom and plenty of natural light. The second floor boasts an open-concept living, dining, and kitchen area filled with sunlight from large windows, perfect for entertaining. The kitchen offers abundant cabinetry and storage, and there’s also a convenient powder room on this level. The primary suite features a luxurious spa-style bathroom with dual vanities, and an additional bedroom with a full bath. Upstairs, provides a versatile space that can be used as a playroom, office, or media room, with access to a private balcony overlooking stunning downtown views.

Investor Tools

Property Icon
$591,000
Estimated Property Value
$407,745Estimated Mortgage Balance
$230,228Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,546 /month
Positive
Cash Flow Estimate:
$1,182 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,722
$591,000
2025
$172,200
$418,800
$591,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,722
$591,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$407,745
No
First
Jun 15, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,772
$230,228
38%
61%
$2,445/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,445/mo
$-215/mo
4.5%

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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2661 Fountain Key Blvd | Property Details | No Agent List