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$6,231,077

NAL Estimated Property Value

3244 Ella Lee Ln, Houston, TX, 77019

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,384 Sq Ft
price_per_sqft$570.26 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,352 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0601480210005
Lot Number5
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 5 & TR 4A BLK 21 RIVER OAKS SEC 4
Census Tract411400
Assessed Land Value$2,156,500
Assessed Improvement Value$4,074,577
Assessment Year2025

About this property

Wonderful opportunity to build your dream home or remodel in sought after River Oaks. A prime location to build or to remodel this traditional River Oaks home on over a quarter of an acre. Prior to being stripped to its studs, the home was a spacious 5 bedroom home with gracious open living and dining spaces. Garage apartment is equipped with kitchenette, living room, bedroom and ensuite bathroom. Just blocks away from River Oaks Country Club and close proximity to Memorial Park, The Galleria & top-rated schools. See attached survey. This home is being sold AS IS WHERE IS.

Investor Tools

Property Icon
$6,231,077
Estimated Property Value
$4,780,888Estimated Mortgage Balance
$1,450,189Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$37,386 /month
Positive
Cash Flow Estimate:
$12,462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,135/month
$2,396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$66,462
$6,231,077
2025
$2,156,500
$4,074,577
$6,231,077
No

Tax History

Year
Tax Paid
Assessed Value
2024
$66,462
$6,231,077

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Bank
Conventional
$4,872,000
No
First
Nov 12, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,780,888
$1,450,189
23%
77%
$29,211/mo

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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3244 Ella Lee Ln | Property Details | No Agent List