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$2,138,509

2147 Looscan Ln, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,955 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$583.76 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size8,377 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0601560500003
Lot Number3
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 3 BLK 50 RIVER OAKS SEC 3
Census Tract411100
Assessed Land Value$1,298,125
Assessed Improvement Value$840,384
Assessment Year2025

About this property

No showings until Tuesday, June 20th at noon. This charming River Oaks home was extensively remodeled and enlarged in 2006. Quality work by Walter Murphy, architect & Burdette Keeland, contractor. Double paned windows. Brick and Hardie Plank exterior. Formal entry with stairs to 2nd level. Living room with fireplace opens to card room with backyard views. Dining room, paneled study and updated kitchen with stainless appliances and breakfast bar seating opens to the family room addition with a fireplace and views. Upstairs to a landing with bookshelves and the primary bedroom suite with updated bath, a sitting room with fireplace and awesome his and her walk-in closets with built-ins. Upstairs utility room. Second bedroom also upstairs with updated bath access. Driveway gate back to two car garage and attractive carport. Nice garage apartment/guest house over garage with full bath and mini kitchen. Fenced yard. Generator. A fine home.

Investor Tools

Property Icon
$2,138,509
Estimated Property Value
$775,000Estimated Mortgage Balance
$1,402,392Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,831 /month
Positive
Cash Flow Estimate:
$4,277 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,229/month
$2,367/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,056
$2,138,509
2025
$1,298,125
$840,384
$2,138,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,056
$2,138,509

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$775,000
No
First
Aug 24, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$736,117
$1,449,883
66%
34%
$4,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$7,014/mo
$-5,054/mo
1.1%

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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2147 Looscan Ln | Property Details | No Agent List