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Owner Contacts

$578,779

NAL Estimated Property Value

42 Milan Ests, Houston, TX, 77056

Off Market

Lease

3 Beds

3 Bath

2,251 Sq Ft

$1.33 / sqft

Built in 1998

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size2,814 sqft

Building Information

Year Built1998

Garage Spaces2

Land Information

APN1185670010032

SubdivisionMilan Place

Land UseResidential

Legal DescriptionTR 5 BLK 1 MILAN PLACE

Census Tract431801

Assessed Land Value$263,484

Assessed Improvement Value$315,295

Assessment Year2025

About this property

Welcome to 42 Milan Estates — a stunning home located in a private, gated community offering both comfort and convenience in one of Houston’s most desirable areas. This spacious two-story residence features elegant hardwood floors, high ceilings, and plenty of natural light throughout. The inviting living area with built-in shelving and a cozy fireplace opens to a formal dining space, ideal for entertaining. The gourmet kitchen includes granite countertops, stainless steel appliances, and ample cabinet storage. Upstairs, the primary suite offers a peaceful retreat with a sitting area, soaking tub, and generous closet space. Additional bedrooms are roomy and well-appointed. Enjoy a private patio perfect for relaxing or hosting guests. Conveniently located near CityCentre, Memorial City, Energy Corridor, and top-rated restaurants and shopping.

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$916/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,093

$578,779

2025

$263,484

$315,295

$578,779

Tax History

Year

Tax Paid

Assessed Value

2024

$8,093

$578,779

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gold Star Mortgage Financial Group Corp

Unknown

$400,000

First

Dec 30, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$397,100

$181,679

31%

69%

$2,399/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,399/mo

+$181/mo

5.3%

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