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Owner Contacts

$2,848,000

NAL Estimated Property Value

54 Patti Lynn Ln, Houston, TX, 77024

Off Market

4 Beds

4 Bath

4,124 Sq Ft

Single Family Residence

$642.58 / sqft

Built in 1958

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size20,303 sqft

Building Information

Year Built1958

Garage Spaces2

Land Information

APN0912960000011

Lot Number11

SubdivisionSandalwood

Land UseResidential

Legal DescriptionLT 11 BLK 8 SANDALWOOD SEC 2 & 3 R/P

Census Tract430900

Assessed Land Value$2,028,300

Assessed Improvement Value$172,705

Assessment Year2025

About this property

Imagine the possibilities for this idyllic setting on Robin Lake! The 20,305 SF lot (per HCAD) with 125 ft lake frontage has incredible lake views from many vantage points! Build your dream home or remodel the existing 4124 SF (per HCAD) mid century modern home. This property is one of only 10 homes on the middle and most private lake in desirable Sandalwood. Envision indoor and outdoor entertaining with amazing views of the lake! The lakeside decks invite quiet conversation, bird watching, swimming, kayaking or paddleboarding. This picturesque lot is on a peaceful cul-de-sac in the heart of Sandalwood, a lovely community with 3 lakes, trails, playground and swim area. All info per Seller.

Investor Tools

$2,848,000

Estimated Property Value

$0Estimated Mortgage Balance

$2,848,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$17,088 /month

Positive

Cash Flow Estimate:

$5,696 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,298/month

$2,100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,337

$2,201,005

2025

$2,028,300

$172,705

$2,201,005

Tax History

Year

Tax Paid

Assessed Value

2024

$13,337

$2,201,005

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$2,902,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,250/mo

$2,100/mo

+$1,150/mo

1.4%

Learn About the Market: Opportunity in Houston

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