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Days89Days on Market
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$130,000

2555 Marilee Lane 4, Houston, TX, 77057

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,320 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$98.48 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringWood

Building Information

Year Built1965
Stories1

Land Information

APN1117200000014
SubdivisionMarble Arch Condo
Land UseResidential
Legal DescriptionUNIT 2555-4 BLDG J .007960 INT COMMON LAND & ELE MARBLE ARCH CONDO
Census Tract431303
Assessed Land Value$27,576
Assessed Improvement Value$117,559
Assessment Year2025

About this property

Spacious and private upstairs condo ideally located near the Galleria. Sliding glass doors in both the kitchen and bedroom open to a covered balcony, offering a seamless indoor-outdoor living experience. The home features a generously sized dining and living area, perfect for entertaining. Recent updates include fresh paint, granite countertops, and ample closet space throughout. Community amenities include a beautifully maintained courtyard, two swimming pools, and two covered parking spaces. All utilities are included in the HOA fees. The home is currently leased, and need 48 hour noticed for showings! The photos were taken in 2022.

Investor Tools

$86,890Estimated Mortgage Balance
$58,245Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$871 /month
Positive
Cash Flow Estimate:
$290 /month

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James Kwon

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$903/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,149
$145,135
2025
$27,576
$117,559
$145,135
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,149
$145,135

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocity Commercial Capital Llc
Commercial
$93,750
No
First
Jun 17, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,890
$58,245
40%
60%
$563/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,466/mo
+$564/mo
16.8%

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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2555 Marilee Lane 4 | Property Details | No Agent List