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$1,275,000

NAL Estimated Property Value

4015 Essex Ln, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.25 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Electric Oven, Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,701 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0750750040048
Lot Number48
SubdivisionHighland Village
Land UseResidential
Legal DescriptionLT 48 BLK 4 HIGHLAND VILLAGE
Census Tract411505
Assessed Land Value$885,500
Assessed Improvement Value$314,800
Assessment Year2025

About this property

New interior paint and newly landscaped home. This enchanting home is conveniently located within walking distance of upscale shops and exquisite dining options. Its seamless floor plan effortlessly connects the kitchen to a spacious living room, perfect for relaxation and entertaining. A versatile flex room provides the ideal office, game room, or gym, distinctively separated from the bedrooms for added privacy. This room features a convenient bathroom with an entrance to the picturesque backyard, allowing for easy access during outdoor gatherings. Each bedroom is generously proportioned, reflecting the home's character while offering ample closet space. Nestled among a canopy of mature trees and adjacent to beautifully maintained homes, this residence exudes warmth and tranquility. Enjoy the convenience of easy access to the vibrant Galleria, the renowned Medical Center, and the bustling downtown area-all while living in a serene and welcoming community.

Investor Tools

Property Icon
$1,275,000
Estimated Property Value
$892,830Estimated Mortgage Balance
$382,170Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,800/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,221
$1,200,300
2025
$885,500
$314,800
$1,200,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,221
$1,200,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$918,750
No
First
Oct 31, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$892,830
$399,170
30%
70%
$5,509/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,509/mo
$-2,929/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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4015 Essex Ln | Property Details | No Agent List