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$895,000

NAL Estimated Property Value

4024 Lanark Lane, Houston, TX, 77025

$1,163,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,701 Sq Ft
price_per_sqft$241.83 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListARV FlipHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Trash Compactor, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size4,770 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN0730030040016
Lot Number6
SubdivisionAyrshire
Land UseResidential
Legal DescriptionW 1/2 OF LT 6 BLK 4 AYRSHIRE SEC 1
Census Tract413000
Assessed Land Value$368,560
Assessed Improvement Value$444,216
Assessment Year2025

About this property

Incredible rare opportunity in the Ayrshire subdivision of Braeswood Place! This spacious home offers 3,701 sq ft featuring front courtyard, formal living and dining rooms, a large kitchen with breakfast bar and breakfast nook open to the family room overlooking a fully fenced backyard (4,772 sq ft lot). The first floor also includes a powder bath and utility room. Upstairs features a generous primary suite with sitting area and two walk-in closets, plus three secondary bedrooms and a full bath. Additional highlights include a recent roof (2024), brick exterior, and front driveway with garage access. Ideally located near shopping, dining, parks, Weekley YMCA, and schools, with easy access to the Medical Center, Downtown, and Rice Village.

Investor Tools

Property Icon
$895,000
Estimated Property Value
$0Estimated Mortgage Balance
$895,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,163,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,155
$812,776
2025
$368,560
$444,216
$812,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,155
$812,776

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$895,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$460/mo
+$2,180/mo
3.5%

City: Houston