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Owner Contacts

$174,791

NAL Estimated Property Value

2619 Marilee Lane 2, Houston, TX, 77057

Off Market

3 Beds

2 Bath

1,380 Sq Ft

Condos / Townhouses

$122.46 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Electric Cooktop, Electric Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1965

Stories1

Land Information

APN1117160000012

SubdivisionMarble Arch Condo

Land UseResidential

Legal DescriptionUNIT 2619-2 BLDG F .008570 INT COMMON LAND & ELE MARBLE ARCH CONDO

Census Tract431303

Assessed Land Value$33,210

Assessed Improvement Value$141,581

Assessment Year2025

About this property

Renovated, one-story condo located on the 2nd floor in the charming New Orleans style community of Marble Arch Townhomes. Monthly HOA fees cover all utilities (water/electric). Close proximity to grocery stores (Kroger/HEB), numerous restaurants and shopping, less than 5 minutes to the Galleria. This stunning 3 bedroom/2 bath condo was taken down to the studs and completely renovated featuring: an open floor plan, engineered wood flooring for easy care, no Carpet! LED, recessed lighting throughout (all w dimmers), Custom closets with shelving & lots of storage. Kitchen to include all new appliances, double stainless sink & additional storage cabinets added, utility area inside the unit, ceiling to floor Marble Bathrooms with designer vanities! Two reserved carport spots. This is a gorgeous unit!

Investor Tools

$174,791

Estimated Property Value

$0Estimated Mortgage Balance

$174,791Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,049 /month

Positive

Cash Flow Estimate:

$350 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$405/month

$765/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,981

$174,791

2025

$33,210

$141,581

$174,791

Tax History

Year

Tax Paid

Assessed Value

2024

$3,981

$174,791

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$174,791

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,030/mo

$765/mo

+$1,265/mo

13.9%

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