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$485,754

NAL Estimated Property Value

416 E Fair Harbor Lane, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,501 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.52 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1055600010038
Lot Number38
SubdivisionBarker Court T/H R/P
Land UseResidential
Legal DescriptionLT 38 & TR 37B BARKER COURT T/H R/P
Census Tract450500
Assessed Land Value$73,950
Assessed Improvement Value$411,804
Assessment Year2025

About this property

Discover this artistic gem in Houston's Energy Corridor! Modern elegance meets artistic flair in this meticulously updated townhome. With sleek finishes and abundant natural light, layout seamlessly blends living, dining, and kitchen spaces. The gourmet kitchen features custom cabinetry, high-end ZLINE appliances, and an oversized walk-in pantry. Engineered hickory wood floors found throughout the home. Retreat to the luxurious primary suite with a spa-like ensuite with large walk-in closet or relax in one of your charming outdoor patios. Indulge in recreational activities with access to a community clubhouse, pool, and tennis courts. Enjoy peace of mind with 24/7 community patrol securing the neighborhood. Prime location offers easy access to dining, shopping, and entertainment. Don't miss this cosmopolitan haven! No flooding. All kitchen appliances, second refrigerator in utility room, washer/dryer, 82" TV, and wall-length media cabinet included.

Investor Tools

Property Icon
$485,754
Estimated Property Value
$404,251Estimated Mortgage Balance
$81,503Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$2,528/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,853
$485,754
2025
$73,950
$411,804
$485,754
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,853
$485,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$420,000
No
First
Apr 10, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,251
$81,503
16%
83%
$2,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$5,047/mo
$-2,937/mo
5.2%

Learn About the Market: Opportunity in Houston

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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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416 E Fair Harbor Lane | Property Details | No Agent List