Last 24 Hours
$200,000
31 Litchfield Ln, Houston, TX, 77024
$260,000 ARV
Pending
2 Beds
3 Bath
1,608 Sq Ft
$124.38 / sqft
Built in 1977Property Lead Type:
ARV FlipAbsentee Owner
Highlights
Interior
Bedrooms 2
Bathrooms Full 2Bathrooms Half 1
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size1,599 sqft
Building Information
Year Built1977
Garage Spaces2
Land Information
APN1062130000215
SubdivisionEthans Glen
Land UseResidential
Legal DescriptionUNIT 215 ETHANS GLEN SEC 3 R/P
Census Tract430900
Assessed Land Value$127,800
Assessed Improvement Value$152,214
Assessment Year2025
About this property
Welcome to 31 Litchfield Lane, a charming 2-bedroom, 2.5-bathroom townhome nestled in the heavily wooded Ethan's Glen community.Zoned to highly rated Spring Branch ISD schools. Access to a community pool, tennis/pickleball courts, a clubhouse, a private lake, and walking trails. Easy access to I-10, Gessner Road, CityCentre, and Memorial City Mall.
Investor Tools
$320,852Estimated Mortgage Balance
$305,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$260,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$665/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$199
$280,014
2025
$127,800
$152,214
$280,014
No
Tax History
Year
Tax Paid
Assessed Value
2020
$199
$280,014
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Advisors Group
Reverse Mortgage / Hecm
$442,500
No
First
May 29, 2015
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,852
N/A
0%
105%
$1,849/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,514/mo
$-604/mo
7.5%
12.4%