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$306,165

NAL Estimated Property Value

15323 Southwood Trace Lane Lane, Houston, TX, 77049

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,946 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.32 / sqft
Year BuiltBuilt in 2005

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

Exterior

Lot Size7,148 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1247080010002
Lot Number2
SubdivisionNew Forest
Land UseResidential
Legal DescriptionLT 2 BLK 1 NEW FOREST SEC 1
Census Tract232405
Assessed Land Value$57,907
Assessed Improvement Value$248,258
Assessment Year2025

About this property

Beautifully maintained 4-bedroom, 2.5-bath brick home in an established neighborhood with mature trees and timeless curb appeal. Features include a formal dining room, private study, open-concept living with wood-look tile flooring, and a bright kitchen with granite countertops, stainless steel appliances, gas range, and center island. The spacious primary suite is located downstairs and offers a soaking tub, separate shower, dual vanities, and walk-in closet. Upstairs includes a game room/computer area and three secondary bedrooms. Enjoy two large patio slabs, a fully fenced yard, and a storage shed. Conveniently located near schools, parks, shopping, library, and golf courses, with easy access to Beltway 8, Hwy 90, and I-10.

Investor Tools

Property Icon
$306,165
Estimated Property Value
$315,392Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,186
$306,165
2025
$57,907
$248,258
$306,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,186
$306,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$319,113
Yes
First
Sep 9, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,392
N/A
0%
103%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,514/mo
$-234/mo
8.9%

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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15323 Southwood Trace Lane Lane | Property Details | No Agent List