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$530,000

2230 Lou Ellen Lane #D, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,433 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$217.84 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size1,638 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1403330010006
Lot Number6
Land UseResidential Single Family
Legal DescriptionLT 6 BLK 1 LOU ELLEN PARK
Census Tract530200
Assessed Land Value$98,410
Assessed Improvement Value$406,590
Assessment Year2025

About this property

If you prefer a modern lifestyle and a home with state-of-the-art design and contemporary finishes, this is the place for you! Featuring soaring ceilings, beautiful wood flooring throughout, granite countertops, and sleek modern cabinetry, this home offers style and comfort at every turn. Relax in the elegant freestanding oval soaking tub, or retreat to the spacious primary suite featuring a huge walk-in closet and illuminated vanity mirrors, Bosch appliances. Abundant natural light fills the home, creating a bright and welcoming atmosphere. Step outside to the expansive covered patio, perfect for relaxing or entertaining family and friends. Modern, stylish, spacious, and move-in ready—this home has so much to offer!

Investor Tools

$288,305Estimated Mortgage Balance
$257,695Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,276 /month
Positive
Cash Flow Estimate:
$1,092 /month

Interested in this property?

Yuqing Chen

Texas Signature Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
$2,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,677
$505,000
2025
$98,410
$406,590
$505,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,677
$505,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$320,000
No
First
Jun 1, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,305
$257,695
47%
53%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,169/mo
$-2,447/mo
3.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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2230 Lou Ellen Lane #D | Property Details | No Agent List