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$289,000

NAL Estimated Property Value

4121 Lamar Street, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,797 Sq Ft
price_per_sqft$164.16 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
FlooringVinyl, Wood

Exterior

Lot Size3,698 sqft

Building Information

Year Built1925
Garage Spaces2

Land Information

APN0550860000006
Lot Number6
SubdivisionWoodleigh
Land UseResidential
Legal DescriptionLT 6 BLK 2 WOODLEIGH
Census Tract310300
Assessed Land Value$186,480
Assessed Improvement Value$62,660
Assessment Year2025

About this property

Charming 1925 Bungalow in the heart of Eastwood! Quaint home features original hardwood floors, original windows, converted attic space into a loft.Gorgeous Patio area, a very secluded oasis in the city! Featuring a 10ft tall fence, there is a pond an extra feature. A 2000 gallon Koi pond across the front patio, deck wrapping around the home connecting to the Guesthouse. Also, there is a bird bath that feeds into the pond and red dragonflies that come every year. Cozy and artistic vibe that fits in with one of the trendiest neighborhoods in Houston! There is an additional 550 sq feet second home on the property as well. Close to Patio Cafe's, UH, MetroRail & Downtown! Home DID NOT FLOOD during Harvey. No restrictions & No HOA! Prime location!!Easy access to I-45, 288, and 59N. Owner says must sell to relocate closer to grand babies!!Property ready to be converted into your dream home! Please give the agent a 24-hour notice to approve the showing.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$235,993Estimated Mortgage Balance
$53,007Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,242
$249,140
2025
$186,480
$62,660
$249,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,242
$249,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$256,500
No
First
Feb 7, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,993
$53,007
18%
82%
$1,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,538/mo
$-231/mo
5.4%

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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4121 Lamar Street | Property Details | No Agent List