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Days127Days on Market
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$89,900

2615 Marilee Ln # 2, Houston, TX, 77057

$96,160 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,104 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$81.43 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Washer, Dishwasher, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Storage, Courtyard

Building Information

Year Built1965
Stories1

Land Information

APN1117160000008
SubdivisionMarble Arch Condo
Land UseResidential
Legal DescriptionUNIT 2615-2 BLDG F .006480 INT COMMON LAND & ELE MARBLE ARCH CONDO
Census Tract431303
Assessed Land Value$28,179
Assessed Improvement Value$120,129
Assessment Year2025

About this property

Now offered at $89,900! Discover exceptional value in this spacious 1,104-square-foot, second-floor condominium in the Galleria/Winrock area. This 2-bedroom, 2-bath home features generous living and dining areas, granite kitchen countertops, ample cabinetry, an electric range, and a dedicated study/flex space suitable for a home office, reading room, or hobby area. Laminate and tile flooring provide easy maintenance, while the private balcony overlooks the courtyard. Additional features include controlled access and assigned covered parking. Conveniently located near the Galleria, Uptown Houston, major highways, shopping, dining, and entertainment. With its flexible layout, convenient location, and improved price, this property offers an excellent opportunity for an owner-occupant or investor.

Investor Tools

$0Estimated Mortgage Balance
$148,308Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$96,159
Rent-to-Value Ratio: 0.72%
Rent Estimate
$890 /month
Positive
Cash Flow Estimate:
$297 /month

Interested in this property?

Joel Joy

TEXAS GOLD REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
$736/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,761
$148,308
2025
$28,179
$120,129
$148,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,761
$148,308

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$148,308
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$736/mo
+$1,294/mo
16.4%

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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2615 Marilee Ln # 2 | Property Details | No Agent List