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$220,000

1119 Fairlane Sq, Channelview, TX, 77530

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,495 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.16 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringLaminate

Exterior

Lot Size4,652 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1227210020040
Lot Number40
SubdivisionSterling Green South
Land UseResidential
Legal DescriptionLT 40 BLK 2 STERLING GREEN SOUTH SEC 8
Census Tract252303
Assessed Land Value$31,841
Assessed Improvement Value$193,265
Assessment Year2025

About this property

Welcome to this charming one story home nestled in the established Sterling Green South community in the heart of Channelview! Offering 3 bedrooms, 2 full baths, and a 2 car garage, this 1,489 sqft home features a practical floor plan designed for comfortable everyday living. Step inside to discover updated flooring throughout with no carpet, making upkeep a breeze. The spacious living area features a raised ceiling and cozy fireplace, creating an inviting space to relax or entertain. Outside, enjoy a fully fenced, low maintenance backyard, perfect for outdoor relaxation without the hassle of extensive yardwork. Mature trees add to the appeal of this established neighborhood. Conveniently located with easy access to Beltway 8, I-10, and Highway 90, along with nearby shopping, dining, and schools. This estate sale presents a wonderful opportunity to make this home your own!

Investor Tools

$62,192Estimated Mortgage Balance
$182,808Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Sharon York

Coldwell Banker Realty - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$163
$225,106
2025
$31,841
$193,265
$225,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$163
$225,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$97,550
Yes
First
Jul 15, 2011
Aug 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,192
$182,808
74%
25%
$585/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$860/mo
+$760/mo
7.9%

City: Channelview

1119 Fairlane Sq | Property Details | No Agent List