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$563,000

NAL Estimated Property Value

46 Milan Estates, Houston, TX, 77056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.01 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Stone, Tile

Exterior

Lot Size2,400 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1185670010004
SubdivisionMilan Place
Land UseResidential
Legal DescriptionTR 4 BLK 1 MILAN PLACE
Census Tract431801
Assessed Land Value$237,120
Assessed Improvement Value$321,129
Assessment Year2025

About this property

This elegant 2-story traditional style patio home, nestled in the private gated community of Milan Estates boasts high ceilings, stone flooring throughout the first floor, formal living room with an ornate fireplace, & a refined dining area with kitchen access. Kitchen features granite countertops and stainless-steel appliances. Cozy den with fireplace, built-in shelving, large windows and door with garden views, & detailed ceiling work. The second floor offers 2 spacious bdrms, laundry room, & an oversized primary bedroom w/vaulted ceiling, plush carpeting & large walk-in closet. The primary bathroom features a large corner jacuzzi tub, a separate glass-enclosed shower, dual vanities with ample counter space. Charming, private patio area with attractive brickwork and slate paving, surrounded by lush greenery & mature plants, a serene outdoor space for relaxation & entertainment . Located in the heart of the Galleria, and steps away from Houston's finest shopping and dining options.

Investor Tools

Property Icon
$563,000
Estimated Property Value
$358,813Estimated Mortgage Balance
$204,187Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
$2,875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,485
$558,249
2025
$237,120
$321,129
$558,249
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,485
$558,249

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kalbadvisors Mortgage Solutions Llc
Conventional
$367,500
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,813
$204,187
36%
64%
$2,204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,079/mo
$-2,499/mo
5.5%

City: Houston

46 Milan Estates | Property Details | No Agent List