Last 24 Hours
$315,450
NAL Estimated Property Value515 Tallowood Rd Unit 47, Houston, TX, 77024
Off Market
3 Beds
2 Bath
1,440 Sq Ft
$207.64 / sqft
Built in 1970Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingFlooringLaminate
Building Information
Year Built1970
Stories2
Land Information
APN1094090000007
SubdivisionTallowood T/H Condo
Land UseResidential
Legal DescriptionUNIT 47 BLDG F .018030 INT COMMON LAND & ELE TALLOWOOD T/H CONDO
Census Tract430800
Assessed Land Value$59,936
Assessed Improvement Value$255,514
Assessment Year2025
About this property
Ready move in 3 bedrooms Townhome in Memorial !!! AC replaced in 2024. Top-rated Spring Branch ISD schools (Frostwood Elementary, Memorial Middle, and Memorial High). Just minutes away from City Centre, Memorial City, and Memorial Hermann Hospital. Laminate flooring throughout all the house. Two Assighed covered parking places, fenced patio. The HOA fees include all the utilities and the swimming pool.
Investor Tools
$315,450
Estimated Property Value
$0Estimated Mortgage Balance
$315,450Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,893 /month
Positive
Cash Flow Estimate:
$631 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$670/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,846
$315,450
2025
$59,936
$255,514
$315,450
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,846
$315,450
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,450
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$670/mo
+$1,850/mo
9.6%
12.4%