Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$236,000

NAL Estimated Property Value

515 Tallowood Rd Unit 9, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,392 Sq Ft
price_per_sqft$160.92 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard

Building Information

Year Built1970
Stories2

Land Information

APN1094050000001
SubdivisionTallowood T/H Condo
Land UseResidential
Legal DescriptionUNIT 9 BLDG B .016640 INT COMMON LAND & ELE TALLOWOOD T/H CONDO
Census Tract430800
Assessed Land Value$44,795
Assessed Improvement Value$190,966
Assessment Year2025

About this property

PLEASE SEE VIRTUAL WALK-THROUGH TOUR EXPERIENCE!!! Location, location, location! This inclusive expenses paid light and bright townhouse is in one of the most desired locations in the city! Memorial zip code is home to elegant living, fine dining, shopping, Lifetime Gym and Health Club amenities with easy access to major freeways. Zoned to Spring Branch schools, the school bus stop is just steps by the front door. The home and street DID NOT FLOOD during Harvey per Seller. Townhouse is located in a quiet green courtyard, refurbished with numerous upgrades...granite kitchen counters, tile back splash, washer/dryer and refrigerator (will stay with the unit), and hardwood floors! Home has an expansive living and dining area for entertaining with two oversized bedrooms upstairs with a Hollywood bath. Enjoy this maintenance fee living that includes utilities... great for budgeting and a very simple lifestyle. Easy access parking just behind the unit. Excellent purchase or rental property.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
$546/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$55
$235,761
2025
$44,795
$190,966
$235,761
No

Tax History

Year
Tax Paid
Assessed Value
2020
$55
$235,761

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$546/mo
+$1,364/mo
9.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

515 Tallowood Rd Unit 9 | Property Details | No Agent List