$500,000
NAL Estimated Property Value1038 Lamonte Ln, Houston, TX, 77018
Recently Sold
7/16/26
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesMicrowave, Gas Range
FlooringTile, Wood
Exterior
Lot Size7,301 sqft
Building Information
Year Built1946
Stories1
Garage Spaces1
Land Information
APN0660460540010
Lot Number10
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 10 BLK 54 GARDEN OAKS SEC 5
Census Tract531000
Assessed Land Value$446,760
Assessed Improvement Value$20,329
Assessment Year2025
About this property
This classic Garden Oaks cottage sits close in with easy access to downtown, shopping, and dining, and the inside delivers. Hardwood floors run throughout, crown molding carries through the main living areas, and an updated kitchen and bath mean the work is already done. The front bedroom has built-in bookshelves and dual windows that bring in natural light. French doors off the dining room open to a large composite wood deck and a lush, fully fenced backyard complete with a stone patio. Schedule your private showing today.
Investor Tools
$500,000
Estimated Property Value
$231,825Estimated Mortgage Balance
$268,175Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,840
$467,089
2025
$446,760
$20,329
$467,089
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,840
$467,089
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$285,850
No
First
Jun 30, 2017
Jul 2032
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,825
$268,175
53%
46%
$1,714/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,714/mo
$-407/mo
3.1%
