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Owner Contacts

$214,000

NAL Estimated Property Value

13847 Lantern Ln, Houston, TX, 77015

Off Market

3 Beds

2 Bath

1,638 Sq Ft

Single Family Residence

$126.68 / sqft

Built in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Gas Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size7,741 sqft

Building Information

Year Built1972

Stories1

Garage Spaces2

Land Information

APN1050710000022

Lot Number22

SubdivisionWoodforest

Land UseResidential

Legal DescriptionLT 22 BLK 48 WOODFOREST SEC 18

Census Tract233003

Assessed Land Value$60,956

Assessed Improvement Value$147,987

Assessment Year2025

About this property

HOME IN WOODFOREST ON 2 LOTS!!! NEW CARPETING AND DISHWASHER INSTALLED February 2025. This cozy home with an open concept living features a large family room with high ceiling and a cozy wood burning fireplace. The kitchen has granite counter tops and is open to a spacious breakfast/dining and family room. There is also a formal living room that could be used for a 4th bedroom or office, study or media room with a closet in the entry way. The primary bedroom is large enough for plenty of furniture and has 2 closets. Primary bath has a tub/shower combo. You can also access the patio/courtyard from the primary bedroom sliding doors. There are 2 additional bedrooms and a secondary full bath. The additional bedrooms have nice sized closets and plenty of room for king/queen size furniture. The garage is attached with keypad opener. Front porch is covered with a small patio. Large back and side yard is fenced. Home has some updates. GPISD near shopping and restaurants

Investor Tools

$214,000

Estimated Property Value

$207,703Estimated Mortgage Balance

$6,297Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,284 /month

Positive

Cash Flow Estimate:

$428 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$216/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,528

$208,943

2025

$60,956

$147,987

$208,943

Tax History

Year

Tax Paid

Assessed Value

2024

$1,528

$208,943

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Plaza Home Mortgage Inc

Conventional

$211,105

First

Jun 17, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$207,703

$2,297

97%

$1,266/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,566/mo

+$156/mo

9.7%

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