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$2,761,000

NAL Estimated Property Value

42 Carolane Trl, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$729.53 / sqft
Year BuiltBuilt in 2012

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
AppliancesDisposal, Microwave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size18,561 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APN0410280130025
SubdivisionLazywood U/R
Land UseResidential
Legal DescriptionTR 7 BLK 2 LAZYWOOD U/R ABST 72 J D TAYLOR
Census Tract430600
Assessed Land Value$1,180,416
Assessed Improvement Value$819,584
Assessment Year2025

About this property

Nestled on the private Carolane Trail in Bunker Hill Village, this stunning custom one-story home, completed in 2013. At the heart of the home lies the spacious family room, featuring a vaulted beamed ceiling, a gorgeous fireplace, hardwood floors, and glass sliding doors that open to a relaxing pool area. The gourmet kitchen overlooks the family room and showcases a breakfast area, custom cabinetry, convection steam oven, sub zero refrigerator, wolf warming drawer, and a wolf range. The primary suite offers a luxurious bath with a freestanding tub, spacious shower, and a walk-in closet. A 2019 addition enhances the home with a flex space and a study center featuring two built-in desks. This flex space is perfect for an additional bedroom, playroom, or home gym. Outdoor entertainment is made easy with an outdoor kitchen equipped with a grill, refrigerator, and TV. Additional features include a mudroom, half bath, utility room, a circular driveway with custom pavers, and home office!

Investor Tools

Property Icon
$2,761,000
Estimated Property Value
$2,528,632Estimated Mortgage Balance
$232,368Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,566 /month
Positive
Cash Flow Estimate:
$5,522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,717/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,794
$2,000,000
2025
$1,180,416
$819,584
$2,000,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,794
$2,000,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Credit Line (Revolving) / Heloc
$490,000
No
First
Jan 20, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,528,632
$477,368
15%
92%
$15,707/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$16,357/mo
$-13,837/mo
1.1%

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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42 Carolane Trl | Property Details | No Agent List