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$399,000

NAL Estimated Property Value

2006 Lou Ellen Lane H, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,921 Sq Ft
price_per_sqft$195.21 / 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, Refrigerator Included, Electric Oven, Microwave, Gas Cooktop, Dishwasher
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

Property Icon
$399,000
Estimated Property Value
$243,820Estimated Mortgage Balance
$155,180Estimated 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

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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
$243,820
$155,180
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%

City: Houston

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