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$409,499

NAL Estimated Property Value

407 E Fair Harbor Ln, Houston, TX, 77079

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,828 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$232.49 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher
FlooringTile

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1055600010046
Lot Number46
SubdivisionBarker Court T/H
Land UseResidential
Legal DescriptionLT 46 BARKER COURT T/H
Census Tract450500
Assessed Land Value$73,950
Assessed Improvement Value$335,549
Assessment Year2025

About this property

Discover Comfort, Charm, and Convenience in Houston’s Energy Corridor! Welcome to a beautifully maintained home in the highly desirable Barker’s Court — a quiet, tree-lined patio home community offering the perfect mix of relaxation and activity in one of Houston’s most vibrant areas. This home has everything you’re looking for: 2 spacious bedrooms and 2 full bathrooms; a dedicated home office; a welcoming family room and elegant dining area; a bright breakfast nook and a kitchen that’s both functional and stylish; plus a peaceful private atrium that fills the home with sunlight and serenity. Enjoy resort-style community amenities: a sparkling swimming pool, clubhouse, tennis and pickleball courts, a park, and a basketball court. With top-rated schools, beautiful parks, major highways, and abundant shopping and dining nearby, this home offers the best of convenience and community. Come see for yourself—schedule your private tour today! Don’t miss the chance to call this place home!

Investor Tools

Property Icon
$409,499
Estimated Property Value
$0Estimated Mortgage Balance
$409,499Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
$2,919/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,370
$409,499
2025
$73,950
$335,549
$409,499
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,370
$409,499

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$409,499
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$2,919/mo
$-1,319/mo
4.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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407 E Fair Harbor Ln | Property Details | No Agent List