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$2,928,000

NAL Estimated Property Value

2903 Ella Lee Ln, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,610 Sq Ft
price_per_sqft$720.22 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size11,042 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN0641720010001
Lot Number1
SubdivisionAvalon Place
Land UseResidential
Legal DescriptionLT 1 & TR 2A BLK B AVALON PLACE SEC 1
Census Tract411400
Assessed Land Value$1,201,560
Assessed Improvement Value$545,394
Assessment Year2025

About this property

Gorgeous, move-in ready 4/3.5 on a spacious corner lot, featuring a sparkling pool and plenty of green space for entertaining! This Avalon Place charmer blends timeless character with modern updates and designer finishes throughout. The Kitchen, renovated in 2022, features SS appliances, quartzite countertops, designer lighting and window coverings, and a bright Breakfast Room. The Living Room offers gleaming hardwood floors, a coved ceiling, a beautiful fireplace, and a view into the light-filled Sunroom. Upstairs includes a spacious Primary Suite, two Secondary Bedrooms with an updated Bath (including a steam shower) and a convenient Utility Room. The Third Floor offers a flexible space for an additional Bedroom, Home Office, or Playroom with a full Bath. A long, gated driveway leads to a two-car garage with a conditioned living area and an updated Pool Bath - perfect for guests or a home gym. Just a short four-minute walk to River Oaks Elementary, great dining, and premier shopping.

Investor Tools

Property Icon
$2,928,000
Estimated Property Value
$1,310,841Estimated Mortgage Balance
$1,617,159Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,568 /month
Positive
Cash Flow Estimate:
$5,856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,589/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,424
$1,746,954
2025
$1,201,560
$545,394
$1,746,954
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,424
$1,746,954

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Federal Savings Bank
Conventional
$1,443,695
No
First
Jul 7, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,310,841
$1,367,159
51%
45%
$8,656/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$10,256/mo
$-6,916/mo
1.4%

City: Houston

2903 Ella Lee Ln | Property Details | No Agent List