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$1,097,000

NAL Estimated Property Value

2908 W Lane Drive C, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,384 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$274.53 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Storage
Lot Size2,940 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1272200010003
Lot Number3
SubdivisionWest Lane Patiohomes Amend
Land UseResidential
Legal DescriptionLT 3 BLK 1 WEST LANE PATIOHOMES AMEND
Census Tract411600
Assessed Land Value$380,800
Assessed Improvement Value$504,200
Assessment Year2025

About this property

PRIME location in a small 3 home community! 3/3.5 + study, rear unit w/ extra parking for 2 cars in front, mostly brick exterior, elevator, outdoor space in back w/ 12X6 storage unit, oversized garage w/ extension, recent roof & AC, no HOA! Private ground floor outdoor space w/ fireplace, double door entry, bedroom downstairs, 2nd floor open living & kitchen + study, large dining room, 10 ft ceilings, wood floors, cast stone F/P, lots of light w/ wall of windows, top down/bottom up shades & nice patio! Gourmet kitchen w/ 8X4 island w/ seating for 4, natural wood cabs w/ lower rollouts, Thermador appliances, built-in fridge, gas cook top, double convection ovens, built-in espresso machine, walk-in pantry, wet bar w/ wine fridge! Huge primary BR w/ trayed ceiling, blackout shades, his/hers walk-in closets, primary bath w/ whirlpool tub, frameless shower w/ bench seat! 3rd BR up, all BRs w/ walk-ins, great storage. Walk to Highland Village & River Oaks District!

Investor Tools

Property Icon
$1,097,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,097,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,582 /month
Positive
Cash Flow Estimate:
$2,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,284
$885,000
2025
$380,800
$504,200
$885,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,284
$885,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,097,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
2.8%

City: Houston

2908 W Lane Drive C | Property Details | No Agent List