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$1,178,000

NAL Estimated Property Value

3005 Mid Ln, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,082 Sq Ft
price_per_sqft$306.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size2,195 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1262190010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 ESTATES OF MID LANE SEC 1 AMEND
Census Tract411600
Assessed Land Value$347,407
Assessed Improvement Value$579,972
Assessment Year2025

About this property

Nestled in well known and upscale Afton Oaks, this spacious home seamlessly combines classic charm with modern updates. The kitchen is a culinary delight with ample cabinet space, new countertops, and a large pantry. The living area on the second floor is a cozy retreat, featuring a gas log fireplace and custom-built-ins throughout. High 14-foot ceilings grace the living area, creating an airy atmosphere. The master suite is a true oasis with a soaking tub, and a balcony offers a tranquil outdoor escape. Every bathroom has been thoughtfully updated. With an elevator shaft already built between the first and second floors, this townhouse requires minimal work for anyone wishing to install an elevator in their next home. Enjoy the luxury of modern living in a coveted location, just steps away from upscale restaurants and shops.

Investor Tools

Property Icon
$1,178,000
Estimated Property Value
$313,548Estimated Mortgage Balance
$864,452Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,068 /month
Positive
Cash Flow Estimate:
$2,356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,012/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,258
$927,379
2025
$347,407
$579,972
$927,379
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,258
$927,379

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Arm (Adjustable Rate Mortgage)
$375,000
No
First
Feb 27, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,548
$806,452
72%
27%
$1,606/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,606/mo
+$974/mo
2.6%

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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