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$541,638

NAL Estimated Property Value

2002 Lamonte Ln, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$294.2 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size7,370 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN0731000890018
Lot Number18
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 18 BLK 12 OAK FOREST SEC 13
Census Tract531200
Assessed Land Value$378,794
Assessed Improvement Value$162,844
Assessment Year2025

About this property

Quintessential Oak Forest home situated on a large corner lot peppered with mature trees. Lush landscaping & mid-century modern flair augment the exterior of this home. A bright floor plan sets the tone for what to expect in the rest of the interior, with the living room offering plenty of space for a flexible layout. The kitchen captures today's desired amenities with white cabinetry, exposed oak beam, modern backsplash, & sleek SS appliances. Considerate flow to the dining area demonstrates how it's well-positioned to allow entertaining even while cooking. The primary bed offers a trayed ceiling & recessed lighting. The primary bath completes this space, featuring dual vanities, stylish white cabinetry, solid quartz backsplash transitioning seamlessly into the counter space, & large shower & soaking tub. The living space extends to the private backyard, continuing the entertaining flow of the home. The beautiful finishes & inviting layout make this renovated property the ideal home.

Investor Tools

Property Icon
$541,638
Estimated Property Value
$495,998Estimated Mortgage Balance
$45,640Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,945
$541,638
2025
$378,794
$162,844
$541,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,945
$541,638

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$539,100
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,998
$134,002
21%
92%
$3,233/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,273/mo
$-1,551/mo
3.8%

Learn About the Market: Opportunity in Houston

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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.

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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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2002 Lamonte Ln | Property Details | No Agent List