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$159,999

3401 Timmons Ln Apt 44, Houston, TX, 77027

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths756 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$211.64 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringTile, Vinyl

Building Information

Year Built1962
Stories1

Land Information

APN1111970000020
SubdivisionGarden Home
Land UseResidential
Legal DescriptionUNIT 44 1/48 INT COMMON LAND & ELE FLEUR DE LIS GARDEN HOME CONDO
Census Tract411504
Assessed Land Value$35,150
Assessed Improvement Value$149,850
Assessment Year2025

About this property

Updated 2-bedroom, 1-bath condo in the heart of Greenway with fresh paint and new flooring throughout. Onsite coin laundry facility, NO IN UNIT washer/dryer. Prime location within walking distance to restaurants, coffee shops, gym, and Costco. HOA includes cable TV, electricity, trash, water, sewer, insurance, exterior building, grounds, and gates. Schedule a showing today!

Investor Tools

$104,788Estimated Mortgage Balance
$80,212Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Ashley L Brown

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,871
$185,000
2025
$35,150
$149,850
$185,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,871
$185,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arcus Lending Inc
Conventional
$117,000
No
First
Dec 3, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,788
$80,212
43%
57%
$702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,117/mo
+$843/mo
12.7%

City: Houston