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$712,500

NAL Estimated Property Value

116 Lamont Ave, Alamo Heights, TX, 78209

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,683 Sq Ft
price_per_sqft$255.31 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesCooktop, Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Disposal
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,500 sqft

Building Information

Year Built1938
Stories1
Roof Type109
Garage Spaces1

Land Information

APN04024-182-0070
Lot Number7
SubdivisionAlamo Heights Area 2
Land UseResidential
Legal DescriptionCB 4024 BLK 182 LOT 7
Census Tract120302
Assessed Land Value$356,780
Assessed Improvement Value$355,720
Assessment Year2025

About this property

Charming 1938 Craftsman in Alamo Heights - A Perfect Blend of Timeless Elegance & Modern Comfort. Step into this stunning 1938 Craftsman-style home, perfectly situated in the prestigious Alamo Heights neighborhood. Thoughtfully updated to preserve its classic charm while incorporating modern luxuries, this home is a true gem. The expansive living and dining areas are bathed in natural light, creating a warm and inviting atmosphere. At the heart of the home, the gourmet kitchen showcases a large center island, stainless steel appliances, gas burner stove, and upgraded gold hardware that beautifully complements the custom shaker-style cabinetry. The Primary Suite is a serene retreat, complete with a walk-in closet and a spa-like shower for ultimate relaxation. A dedicated laundry room with built-in cabinets adds convenience to daily living. Additional highlights include: Two fireplaces for cozy ambiance Hand-scraped wood floors throughout Newly replaced roof (only 1.5 years old) Landscaped yard with flagstone walkways Large concrete extended driveway for ample parking Meticulously maintained and thoughtfully upgraded, this home seamlessly blends historic character with modern elegance, offering a one-of-a-kind living experience in a sought-after location. Don't miss this rare opportunity-schedule your private showing today!

Investor Tools

Property Icon
$712,500
Estimated Property Value
$586,826Estimated Mortgage Balance
$125,674Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,275 /month
Positive
Cash Flow Estimate:
$1,425 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,700
$712,500
2025
$356,780
$355,720
$712,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,700
$712,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$593,750
No
First
Sep 26, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$586,826
$125,674
17%
82%
$3,560/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$3,560/mo
$-1,310/mo
3.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alamo Heights

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116 Lamont Ave | Property Details | No Agent List