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$1,276,000

3024 Mid Ln, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,901 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.75 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4,482 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN0720790040100
Lot Number82
SubdivisionWest Lane Annex
Land UseResidential
Legal DescriptionS 1/2 OF LT 82 BLK 4 WEST LANE ANNEX
Census Tract411600
Assessed Land Value$488,600
Assessed Improvement Value$572,080
Assessment Year2025

About this property

Well-maintained free-standing home built by Lovett that offers the perfect balance of low-maintenance living with refined entertaining. Charming exterior with details including gas lanterns, copper gutters, and landscaped side back patios. First floor features elevator-capable closet to 3rd floor, hardwoods, and arched openings to formal rooms. Light-filled living & dining offers rear patio views & door to wet bar and kitchen. Island kitchen is replete with counter space and open to den or alternate dining area off 2-car garage. Owner’s suite located on 2nd story with spacious bath and separate walk-in closets. 2 additional bedrooms w/ private baths and utility room complete the 2nd floor. 4th bedroom with full bath located on 3rd floor would also make great game/media room. Additional features include: surround sound, sprinkler & mosquito systems, gated entrance and great storage &more. Incredible inner-loop location. All info per seller.

Investor Tools

Property Icon
$1,276,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$910,726Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,656 /month
Positive
Cash Flow Estimate:
$2,552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,556/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,297
$1,060,680
2025
$488,600
$572,080
$1,060,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,297
$1,060,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$400,000
No
First
Oct 30, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,274
$1,084,726
74%
29%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,424/mo
+$156/mo
2.4%

Learn About the Market: Opportunity in Houston

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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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3024 Mid Ln | Property Details | No Agent List