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B+
NoAgentList RatingHow are grades calculated? Info

$1,596,000

1025 Lamonte Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.85 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,590 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN0660460530039
Lot Number39
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 39 BLK 53 GARDEN OAKS SEC 5
Census Tract531000
Assessed Land Value$482,700
Assessed Improvement Value$1,019,021
Assessment Year2025

About this property

Home is situated on a beautiful street and being sold as lot value only. Property has plenty of potential based on its size. Tons of new homes going up and down the street so call your builder and get your offer in!

Investor Tools

Property Icon
$1,596,000
Estimated Property Value
$1,172,900Estimated Mortgage Balance
$440,658Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,576 /month
Positive
Cash Flow Estimate:
$3,192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,686/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,254
$1,501,721
2025
$482,700
$1,019,021
$1,501,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,254
$1,501,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$1,172,900
No
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,155,342
$472,658
29%
72%
$7,702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,702/mo
$-5,476/mo
1.7%

Learn About the Market: Opportunity in Houston

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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

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1025 Lamonte Ln | Property Details | No Agent List