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$2,083,000

2159 Looscan Ln, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$563.74 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,863 sqft

Building Information

Year Built1938
Garage Spaces2

Land Information

APN0601560500001
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionTR 1 BLK 50 RIVER OAKS SEC 3
Census Tract411100
Assessed Land Value$1,096,749
Assessed Improvement Value$685,948
Assessment Year2025

About this property

Experience luxury in this quintessential residence in River Oaks. Set among magnificent oak trees on a prime corner, the home exudes elegance & sophistication. Meticulously designed, every aspect is a testament to refined taste. Entry leads to elegant formals, perfect for entertaining. Spacious den overlooking gardens creates a seamless connection between indoor/outdoor living. Primary suite up w/ relaxing bath, walk-in closet & access to wrap-around terrace. Brick walled side patio provides al fresco dining/relaxing space. Motor court w/2-car garage w/ separate guest apt above w/ kitchen & bath. With an add’l 836 sqft (HCAD) built in 2007 (HCAD), this guest retreat offers flexibility & convenience. Boasting a combined total living area of 4,162 sqft (HCAD), a traditional River Oaks residence with original hardwood floors, plaster walls & serene outdoor beauty, a rare opportunity to own a piece of Houston's most prestigious neighborhood.

Investor Tools

Property Icon
$2,083,000
Estimated Property Value
$550,000Estimated Mortgage Balance
$1,540,939Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,498 /month
Positive
Cash Flow Estimate:
$4,166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,002/month
$2,365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,609
$1,782,697
2025
$1,096,749
$685,948
$1,782,697
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,609
$1,782,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$550,000
No
First
Feb 18, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$542,061
$1,517,939
73%
26%
$3,430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,795/mo
$-3,215/mo
1.5%

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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2159 Looscan Ln | Property Details | No Agent List