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$354,000

NAL Estimated Property Value

281 Litchfield Ln, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,766 Sq Ft
price_per_sqft$195.36 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

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, Double Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size1,477 sqft

Building Information

Year Built1977
Garage Spaces3

Land Information

APN1062130000049
SubdivisionEthans Glen
Land UseResidential
Legal DescriptionUNIT 49 ETHANS GLEN SEC 3 R/P
Census Tract430900
Assessed Land Value$126,720
Assessed Improvement Value$183,168
Assessment Year2025

About this property

Explore this rare 3-bedroom, 2.5 bath home in the renowned Ethans Glen community, just a short stroll from shopping and dining! Features a spacious balcony with a pergola cover. The HOA takes care of exterior maintenance, roof, amenities, basic cable, water, sewer, and landscaping. Enjoy the serene surroundings with a private lake, tennis courts, and a clubhouse, all nestled in the heart of Memorial.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$318,504Estimated Mortgage Balance
$35,496Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,634
$309,888
2025
$126,720
$183,168
$309,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,634
$309,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Conventional
$327,750
No
First
Oct 8, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,504
$18,496
5%
90%
$1,966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,546/mo
$-26/mo
8.5%

City: Houston

281 Litchfield Ln | Property Details | No Agent List