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$399,000

2006 Lou Ellen Lane H, Houston, TX, 77018

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,921 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.7 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

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
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringWood

Exterior

Lot Size1,503 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1359680010015
Lot Number15
Land UseResidential
Legal DescriptionLT 15 BLK 1 LOU ELLEN LANDING
Census Tract530200
Assessed Land Value$97,526
Assessed Improvement Value$293,202
Assessment Year2025

About this property

This gated three-story Oak Forest townhome combines modern finishes with timeless charm. Open-concept living features tall ceilings, crown molding, and rich hardwood floors throughout. Chef’s kitchen boasts granite counters, island, stainless steel appliances, and crisp white cabinetry with mosaic backsplash. Light-filled living room opens to a covered balcony, perfect for morning coffee or evening wind-downs. Primary suite offers vaulted ceiling, oversized windows, walk-in closet, soaking tub, glass shower, and dual vanities. Flexible first-floor room with private bath makes an ideal office or guest suite. Low-maintenance turf yard provides outdoor space for pets or entertaining. Located near parks, shopping, and dining in Oak Forest, Garden Oaks and the Heights.

Investor Tools

$244,319Estimated Mortgage Balance
$154,681Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Michael Silva

Happen Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
$3,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,414
$390,728
2025
$97,526
$293,202
$390,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,414
$390,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$275,000
No
First
Aug 28, 2020
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,319
$154,681
38%
61%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,849/mo
$-3,127/mo
5.2%

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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2006 Lou Ellen Lane H | Property Details | No Agent List