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$808,000

12322 Lanny Lane Lane, Houston, TX, 77077

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$276.35 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size13,835 sqft

Building Information

Year Built1965
Garage Spaces2

Land Information

APN1012750000031
Lot Number31
SubdivisionAshford Forest Lake
Land UseResidential
Legal DescriptionLT 31 BLK 2 ASHFORD FOREST LAKE SEC 1
Census Tract451200
Assessed Land Value$232,515
Assessed Improvement Value$494,181
Assessment Year2025

About this property

Rare opportunity in desired Ashford Forest Lake in the heart of the Energy Corridor! This property is located on Lanny Ln, famous for being one of the prettiest streets in all of West Houston! This 4 bedroom, 2.5 bath home is tucked away on a 13,835 sf wooded lot backing to a green belt, just steps from Robin's Loop Hike/Bike Trails & Ashford Lake. In 2018, a complete renovation included a new driveway, French drains, new roof, new electrical, new PEX plumbing (interior), new underground plumbing & new windows (down-upstairs already replaced). Renovations included a downstairs office, an amazing European-inspired kitchen w/a brick oven-surround & wine rack which pair beautifully with the handsome hardwood floors, leathered granite & French blue custom cabinetry. The spa-like primary bath features marble counters & hand selected tiles that grace the seamless glass shower. Light is ushered in through an abundance of windows and the home seamlessly connects to the outdoors at every turn.

Investor Tools

Property Icon
$808,000
Estimated Property Value
$0Estimated Mortgage Balance
$166,763Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,848 /month
Positive
Cash Flow Estimate:
$1,616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,342
$726,696
2025
$232,515
$494,181
$726,696
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,342
$726,696

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$651,740
No
First
Jun 13, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$641,237
$166,763
20%
79%
$3,908/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,708/mo
$-1,828/mo
4.3%

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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12322 Lanny Lane Lane | Property Details | No Agent List