Last 24 Hours
$111,000
NAL Estimated Property Value2605 Marilee Ln Apt 2, Houston, TX, 77057
Off Market
1 Beds
1 Bath
824 Sq Ft
Condos / Townhouses
$1.46 / sqft
Built in 1965Property Lead Type:
Absentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Heating Central
CoolingAppliancesDisposal, Microwave, Dishwasher
FlooringTile
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
This ground level unit is plenty of natural light. Great tile floors. Beautiful granite counter tops in kitchen and bathroom. Overlooks pool. Good size private patio. Assigned covered parking.Great storage space. Centrally located close to restaurants, shopping and night life. Rent includes water/sewer, electrical, trash pick up, recreational facilities and cable.
Investor Tools
$111,000
Estimated Property Value
$0Estimated Mortgage Balance
$111,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
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
N/A
+$1,290/mo
13.9%
12.4%