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$87,437

2574 Marilee Ln Apt 28, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths588 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$140.31 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringTile

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1960
Stories1

Land Information

APN1110910000006
SubdivisionWharton House Condo
Land UseResidential
Legal DescriptionUNIT 28 BLDG E .018540 INT COMMON LAND & ELE WHARTON HOUSE CONDO
Census Tract431303
Assessed Land Value$16,613
Assessed Improvement Value$70,824
Assessment Year2025

About this property

Exclusive opportunity to own one of just 39 units in a stunning gated community minutes from The Galleria! This unit, never flooded, offers serene views of the courtyard and pool. HOA covers electricity, water, trash, landscaping, pool, and common areas—giving you a truly carefree lifestyle! Step inside to a grand entry with soaring vaulted ceilings, crown molding, and fresh paint. Enjoy upgraded, easy-care wood-look tile flooring and designer lighting throughout. The open floor plan flows seamlessly from casual dining to a gourmet kitchen featuring tall white shaker cabinets, subway tile backsplash, sleek countertops, stainless steel appliances, and a 5-burner range. The bathroom is a masterpiece, with a huge custom walk-in shower and more! The private primary suite boasts high ceilings, a chic ceiling fan, and an expansive walk-in closet. Plus, covered parking is conveniently located right behind the unit. Live luxuriously in this flawless condo! Convenience is at your doorstep!

Investor Tools

Property Icon
$87,437
Estimated Property Value
$0Estimated Mortgage Balance
$87,437Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$525 /month
Positive
Cash Flow Estimate:
$175 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$807
$87,437
2025
$16,613
$70,824
$87,437
No

Tax History

Year
Tax Paid
Assessed Value
2024
$807
$87,437

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$87,437
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$372/mo
+$918/mo
17.7%

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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