$428,000
NAL Estimated Property Value3742 Lake St, Houston, TX, 77098
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
Exterior
Lot Size1,163 sqft
Building Information
Year Built1972
Stories2
Land Information
APN1010190090006
Lot Number6
SubdivisionMadison Place T/H U/R
Land UseResidential
Legal DescriptionLT 6 UNIT 3742 BLDG 9 MADISON PLACE T/H U/R
Census Tract411503
Assessed Land Value$136,655
Assessed Improvement Value$179,712
Assessment Year2025
About this property
Lovely two bed, two and a half bath rental in the heart of Upper Kirby. 3742 Lake features large bedrooms and closets, an updated kitchen with granite counters and stainless steel appliances. Hardwood floors or tile throughout, no carpet! Spacious patio with two-assigned covered parking spots directly behind the home. Madison Place is the perfect place to call home! Schedule your showing today! All info per owner
Investor Tools
$428,000
Estimated Property Value
$0Estimated Mortgage Balance
$428,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,516
$316,367
2025
$136,655
$179,712
$316,367
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,516
$316,367
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$403,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
5.5%
