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$1,009,000

NAL Estimated Property Value

4032 Lanark Ln, Houston, TX, 77025

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,344 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$191.09 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size4,735 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN0730030040017
Lot Number8
SubdivisionAyrshire
Land UseResidential
Legal DescriptionW 35 FT OF LT 8 BLK 4 AYRSHIRE SEC 1
Census Tract413000
Assessed Land Value$367,115
Assessed Improvement Value$381,718
Assessment Year2025

About this property

Spacious 4/2.5 two story brick townhome with a great back yard. This home was recently refreshed with new upstairs carpet (2020), fresh paint, bathroom updates and refinished hardwood floors. Downstairs layout has formals and a big kitchen + breakfast room open to the den. Den has a fireplace and looks out on the back yard. Lots of light throughout! The primary bedroom is very spacious and has room for a sitting area or workspace. Master bath has a frameless glass shower, updated lighting and faucet/shower hardware.Three additional bedrooms! Great back yard has patio area and grass. The double wide driveway adds extra parking. Walk to YMCA, Whole Foods, Twain Elementary, restaurants/retail. Easy commute to Galleria or Medical Center. NO HOA Fees! NEVER FLOODED

Investor Tools

Property Icon
$1,009,000
Estimated Property Value
$692,191Estimated Mortgage Balance
$316,809Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,054 /month
Positive
Cash Flow Estimate:
$2,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,152
$748,833
2025
$367,115
$381,718
$748,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,152
$748,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$466,400
No
First
Dec 9, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$692,191
$401,809
36%
69%
$4,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$4,596/mo
$-2,556/mo
2.4%

City: Houston

4032 Lanark Ln | Property Details | No Agent List