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$505,000

NAL Estimated Property Value

2004 Lou Ellen Lane F, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.19 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,655 sqft

Building Information

Year Built2016
Garage Spaces1

Land Information

APN1359680010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 LOU ELLEN LANDING
Census Tract530200
Assessed Land Value$98,527
Assessed Improvement Value$347,503
Assessment Year2025

About this property

Fantastic freestanding townhome in a gated community in Oak Forest! First floor entry with a large guest suite. Second floor is flooded with natural light! Bright kitchen has white cabinets, stainless steel appliances, gas stove, window over the sink, and an island with seating. The kitchen opens to the dining and living room with high ceilings. Living room has gas fireplace and French Doors leading to the patio. Crown molding, hardwood floors, and plantation shutters carried throughout the home. Third floor primary bedroom has two closets, seamless glass shower, garden tub, and dual sinks. HOA fee includes water, sewer, trash 2x a week, gate, and landscaping. Great location zoned to Oak Forest Elementary, near great new restaurants on 34th Street, and so close to Oak Forest Park!!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$323,991Estimated Mortgage Balance
$181,009Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
$2,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,237
$446,030
2025
$98,527
$347,503
$446,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,237
$446,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$352,800
No
First
Jan 6, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,991
$181,009
35%
64%
$2,116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,916/mo
$-3,194/mo
4.1%

City: Houston

2004 Lou Ellen Lane F | Property Details | No Agent List