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Owner Contacts

$346,000

269 Litchfield Ln, Houston, TX, 77024

Off Market

2 Beds

3 Bath

1,700 Sq Ft

Condos / Townhouses

$151.71 / sqft

Built in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringLaminate, Tile

Exterior

Exterior FeaturesStorage

Lot Size1,037 sqft

Building Information

Year Built1977

Garage Spaces3

Land Information

APN1062130000292

SubdivisionEthans Glen

Land UseResidential

Legal DescriptionUNIT 60 ETHANS GLEN SEC 3 R/P

Census Tract430900

Assessed Land Value$117,596

Assessed Improvement Value$225,232

Assessment Year2025

About this property

Welcome to this meticulously clean and beautifully renovated townhouse conveniently located in the Memorial area of Houston, near the Energy Corridor & Galleria, with quick access to BW-8 and I-10. It is zoned to award winning schools: Frostwood Elementary, Memorial Middle and Memorial High - recognized as National Blue Ribbon Schools for their outstanding academic performance. This home features an open floor plan with lots of space and natural light, fresh interior paint, fully remodeled kitchen and bathrooms, recent appliances (all upgraded in 2018; refrigerator, washer and dryer are included) and much more. The luxurious community of Ethan Glen offers a neighborhood pool, tennis court, club house and majestic scenery of the lake and walking trails all around. Please check a Video and 3D Tour. List of Updates and Additional Information about this townhouse are available in Attachments. A large storage unit is located in the garage.

Investor Tools

$346,000

Estimated Property Value

$204,000Estimated Mortgage Balance

$161,845Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,076 /month

Positive

Cash Flow Estimate:

$692 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$376/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,784

$342,828

2025

$117,596

$225,232

$342,828

Tax History

Year

Tax Paid

Assessed Value

2024

$2,784

$342,828

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Llc

Conventional

$204,000

First

Apr 16, 2021

May 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$184,155

$158,673

46%

53%

$1,224/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$1,724/mo

+$186/mo

6.6%

Learn About the Market: Opportunity in Houston

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