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$202,000

NAL Estimated Property Value

2318 Lemonwood Ln, Houston, TX, 77038

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,583 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size9,492 sqft

Building Information

Year Built1974
Garage Spaces2

Land Information

APN1058240000018
Lot Number18
SubdivisionWoodgate
Land UseResidential
Legal DescriptionLT 18 BLK 2 WOODGATE SEC 1
Census Tract533802
Assessed Land Value$37,145
Assessed Improvement Value$135,204
Assessment Year2025

About this property

Spacious 4-bedroom, 2.5-bath home available for lease, featuring a 2-car attached garage and excellent curb appeal. Inside, you’ll find generously sized rooms, a large living area perfect for entertaining, and a functional layout designed for comfort. The home sits on a quiet street and offers a huge backyard shaded by mature trees—ideal for outdoor gatherings or simply relaxing. Conveniently located near Beltway 8, shopping, restaurants, and schools, this property combines everyday convenience with a peaceful neighborhood setting. Don’t miss the opportunity to make this wonderful home yours!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,589
$172,349
2025
$37,145
$135,204
$172,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,589
$172,349

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$214,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
13.2%

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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2318 Lemonwood Ln | Property Details | No Agent List