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$1,620,778

NAL Estimated Property Value

1246 Lamonte Ln, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,073 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$405.41 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN0730990010014
Lot Number14
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 14 BLK 1 OAK FOREST SEC 1
Census Tract531100
Assessed Land Value$417,240
Assessed Improvement Value$1,203,538
Assessment Year2025

About this property

Adorable bungalow in the heart of Oak Forest is filled with tasteful updates throughout. Step inside to discover original hardwood floors, fresh Sherwin Williams neutral paint (new color of Argos-grey versus the current photos) throughout, crown molding, updated fixtures & ceiling fans, great closet space, & more. Beautifully updated kitchen is filled with crisp white cabinetry with updated pulls & hardware, gorgeous granite countertops with subway tile backsplash & under-cabinet lighting, pantry, & sleek SS appliances including a gas convection oven, microwave, & dishwasher. Wonderful floorplan with a spacious family room and formal dining, perfect for entertaining. Both bedrooms have 2 closets, Hunter ceiling fans, wood floors, & easy access to the full bathroom. Updated bathroom with tile floors, lots of storage, a vanity area, & a pedestal sink. Enjoy the large fenced yard & patio with plenty of shade from huge Oak trees. Fantastic location close to shopping & dining & schools.

Investor Tools

Property Icon
$1,620,778
Estimated Property Value
$1,007,936Estimated Mortgage Balance
$612,842Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,725 /month
Positive
Cash Flow Estimate:
$3,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,955/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,355
$1,620,778
2025
$417,240
$1,203,538
$1,620,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,355
$1,620,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$1,089,500
No
First
May 10, 2022
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,007,936
$612,842
37%
62%
$6,533/mo

City: Houston

1246 Lamonte Ln | Property Details | No Agent List