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$100,585

NAL Estimated Property Value

2605 Marilee Lane 2, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths824 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$115.29 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

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

Building Information

Year Built1965
Stories1

Land Information

APN1117150000004
SubdivisionMarble Arch Condo
Land UseResidential
Legal DescriptionUNIT 2605-2 BLDG E .005080 INT COMMON LAND & ELE MARBLE ARCH CONDO
Census Tract431303
Assessed Land Value$19,111
Assessed Improvement Value$81,474
Assessment Year2025

About this property

Wonderful Galleria location. ***Monthly HOA fees cover all utilities (water, sewer, trash, and electric). This fantastic one-story condo (on the first floor) is in the heart of great restaurants and shopping in the Tanglewood /Briarmeadow area. Freshly painted and vacant ready for you to move in!

Investor Tools

Property Icon
$100,585
Estimated Property Value
$0Estimated Mortgage Balance
$100,585Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$604 /month
Positive
Cash Flow Estimate:
$201 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$448/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,146
$100,585
2025
$19,111
$81,474
$100,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,146
$100,585

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,585
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$448/mo
+$842/mo
15.4%

City: Houston

2605 Marilee Lane 2 | Property Details | No Agent List