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$353,000

NAL Estimated Property Value

53 Litchfield Ln, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,672 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$209.3 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size1,024 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APN1062130000237
SubdivisionEthans Glen
Land UseResidential
Legal DescriptionUNIT 237 ETHANS GLEN SEC 3 R/P
Census Tract430900
Assessed Land Value$117,043
Assessed Improvement Value$229,294
Assessment Year2025

About this property

Welcome to 53 Litchfield, a beautifully updated 3-bed, 2.5-bath home in the sought-after Ethan’s Glen community in Memorial. Set on a quiet, tree-lined street, this rare lake-view property is one of only 35 with direct views. Fully remodeled with fresh paint and custom finishes, it features a reclaimed 1890s barn mantle, brick accent wall, and bar-height counters with reclaimed wood. The open kitchen offers quartz countertops, stainless appliances, a copper farmhouse sink and pot filler, and custom cabinetry. Large windows bring in natural light and lake views. Recent updates include double-pane windows (2017) and AC units (2021 & 2024). Located near top-rated schools, dining, shopping, hospitals, and major highways. Includes washer/dryer, refrigerator, patio furniture, fire pit, and Weber grill. Don’t miss this unique opportunity—schedule your tour today!

Investor Tools

Property Icon
$353,000
Estimated Property Value
$229,337Estimated Mortgage Balance
$123,663Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
$635/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,308
$346,337
2025
$117,043
$229,294
$346,337
No

Tax History

Year
Tax Paid
Assessed Value
2020
$2,308
$346,337

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Conventional
$230,000
No
First
Mar 10, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,337
$119,663
34%
65%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,014/mo
+$506/mo
8.6%

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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53 Litchfield Ln | Property Details | No Agent List