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$436,407

NAL Estimated Property Value

438 E Fair Harbor Ln, Houston, TX, 77079

SoldInfo
7/10/26
Beds2 Beds
Baths3 Bath
Baths2,392 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Electric Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Tile, Wood, Vinyl

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1055600010022
Lot Number22
SubdivisionBarker Court T/H
Land UseResidential
Legal DescriptionLT 22 BARKER COURT T/H
Census Tract450500
Assessed Land Value$73,950
Assessed Improvement Value$362,457
Assessment Year2025

About this property

Beautifully updated lease opportunity in the heart of the Energy Corridor! This elegant 2-bedroom, 2.5-bath townhome has been renovated inside and out with fully renovated bathrooms, refreshed interiors, repainted exterior, and stylish modern finishes throughout. Formal living and dining areas feature soaring ceilings and abundant natural light, creating an open and inviting atmosphere perfect for entertaining. The updated kitchen offers high-end quartz countertops, custom cabinetry, stainless steel appliances, designer hardware, and a spacious walk-in pantry. A versatile second living area provides additional flexibility for work or relaxation. Both oversized bedrooms include private baths and generous closet space. Enjoy the huge partially covered patio complete with beautiful stonework, drainage system, flowerbeds, & a custom outdoor pizza oven ideal for outdoor gatherings. Bonus air-conditioned flex room off the oversized garage is perfect for a home office, gym, or extra storage.

Investor Tools

Property Icon
$436,407
Estimated Property Value
$194,467Estimated Mortgage Balance
$242,361Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,618 /month
Positive
Cash Flow Estimate:
$873 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$900/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,619
$436,407
2025
$73,950
$362,457
$436,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,619
$436,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laraby Financial Group Inc
Conventional
$224,000
No
First
Oct 28, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,467
$241,940
55%
45%
$1,343/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$1,343/mo
+$767/mo
5.8%

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