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$1,489,000

NAL Estimated Property Value

1407 Lamonte Ln, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$313.4 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size7,200 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN0731000070029
Lot Number29
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 29 BLK 25 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$439,200
Assessed Improvement Value$935,507
Assessment Year2025

About this property

Welcome to 1407 Lamonte, nestled in Oak Forest. Step inside this exquisite home & be greeted by a grand foyer featuring a sweeping staircase. Next, you'll find the home office & formal dining room complete with a wine room, ideal for entertaining guests. The chef's kitchen, boasting marble countertops & a premium Thermador appliance package, seamlessly connects to the large family room. Upstairs, discover the primary suite, three additional bedrooms, & a versatile game room. Outside, landscaped grounds with solar lighting frame the backyard, which features a refreshing pool, outdoor kitchen, & artificial turf with a fun bonus, a putting green! This home has numerous upgrades, including a new 24KW Generac whole-home generator, and offers ample storage space. Zoned to OFE & conveniently just across the street from the school, this home provides easy access to community amenities, such as restaurants, bike trails, and breweries, all within a 20-min drive to Downtown Houston.

Investor Tools

Property Icon
$1,489,000
Estimated Property Value
$1,013,836Estimated Mortgage Balance
$475,164Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,934 /month
Positive
Cash Flow Estimate:
$2,978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,791/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,046
$1,374,707
2025
$439,200
$935,507
$1,374,707
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,046
$1,374,707

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$1,040,000
No
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,013,836
$482,164
32%
68%
$6,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$6,236/mo
$-4,010/mo
1.8%

City: Houston

1407 Lamonte Ln | Property Details | No Agent List