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Owner Contacts

$379,551

271 Litchfield Ln, Houston, TX, 77024

Off Market

3 Beds

3 Bath

1,810 Sq Ft

Condos / Townhouses

$181.16 / sqft

Built in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringBamboo, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Storage

Lot Size1,294 sqft

Building Information

Year Built1977

Garage Spaces4

Land Information

APN1062130000057

SubdivisionEthans Glen

Land UseResidential

Legal DescriptionUNIT 57 ETHANS GLEN SEC 3 R/P

Census Tract430900

Assessed Land Value$125,777

Assessed Improvement Value$253,774

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 is 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

$379,551

Estimated Property Value

$240,000Estimated Mortgage Balance

$188,933Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,277 /month

Positive

Cash Flow Estimate:

$759 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$481/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,874

$379,551

2025

$125,777

$253,774

$379,551

Tax History

Year

Tax Paid

Assessed Value

2024

$3,874

$379,551

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Credit Line (Revolving) / Heloc

$240,000

First

Aug 30, 2016

Aug 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,618

$188,933

49%

50%

$1,439/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

$1,939/mo

+$581/mo

8.0%

Learn About the Market: Opportunity in Houston

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