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$393,000

NAL Estimated Property Value

1815 Midnight Ln, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,750 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.33 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,260 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1301970040015
Lot Number15
SubdivisionCity Park West
Land UseResidential
Legal DescriptionLT 15 BLK 4 CITY PARK WEST SEC 4
Census Tract330901
Assessed Land Value$49,763
Assessed Improvement Value$307,736
Assessment Year2025

About this property

Beautifully updated home in the desirable City Park West! Tons of upgrades throughout! High ceilings, wood flooring, granite countertops, and much more! Get creative in the fantastic island kitchen, fully equipped w/ SS appliances that opens up to the living area that features a stacked stone wall/cast stone fireplace. All appliances and furniture will remain. Study/office area, upstairs game room is perfect for movie nights & gatherings. The serene primary suite is the ideal evening getaway, complete w/ upgraded walk-in closet & shelving, dual vanities, a garden tub, and a separate shower. Spacious secondary bedrooms! Full interior paint including walls, ceilings, doors and trim. Relaxing lush backyard w/ extended Texas size patio for family BBQ's. Neighborhood amenities include parks, and playgrounds. Situated minutes from Hwy 288, residents enjoy easy access to NRG Park, the Texas Medical Center, and Downtown Houston. Multiple golf courses and shopping centers surround the area.

Investor Tools

Property Icon
$393,000
Estimated Property Value
$322,468Estimated Mortgage Balance
$70,532Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$735/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,126
$357,499
2025
$49,763
$307,736
$357,499
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,126
$357,499

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$349,200
No
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,468
$35,031
9%
82%
$2,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,829/mo
$-239/mo
7.9%

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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1815 Midnight Ln | Property Details | No Agent List