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Tanglewood Hollow in Houston

Name: Sales in Tanglewood Hollow started!
Start: 2020-08-03T12:58:17.232787+00:00
End: 2023-12-31T23:59:59+0000
Location: Tanglewood Hollow

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Project info

Object ID: 8391

Finished at	February 2019
Price, m²	From 2940$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 255.00 m²
Floors	4
Apartments	39
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

749,700$

Net profit

9,376$

Payback period

63.8 years

Avg property value increase per year

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Promos and discounts for Tanglewood Hollow

About the project

Fantastic location in the heart of Tanglewood/Memorial. This new gated community consists 39 homes, located within walking distance to Whole Foods, plenty of shopping areas and numerous restaurants. All homes will feature installed elevators and Lovett's high end luxury amenities, including chef's kitchens and luxury baths. Numerous floor plans to choose from including three and four story options with living areas on the first or second floor. Community swimming pool coming soon.

Developer

LUXURY BY DESIGN Lovett Homes develops design-driven, amenity-rich homes in premium neighborhoods that enhance the lifestyles of our homeow…
Details about Lovett Homes