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$1,928,000

NAL Estimated Property Value

6 W Shady Ln Lane, Houston, TX, 77063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,624 Sq Ft

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size23,383 sqft

Building Information

Year Built2022
Garage Spaces3

Land Information

APN0720840060001
Lot Number1
SubdivisionPiney Point Estates 4th Par R/P
Land UseResidential
Legal DescriptionLT 1 BLK 1 PINEY POINT ESTATES 4TH PAR R/P
Census Tract431102
Assessed Land Value$677,445
Assessed Improvement Value$1,022,555
Assessment Year2025

About this property

LAST LOT AVAILABLE! If your luxury home building dreams have been held up by finding the perfect spot, look no further: here among the quiet tree-lined streets of Memorial is the last premium lot on this cul-de-sac street of never-flooded land. Surrounded by the piney woods that give this beloved neighborhood its name, the word that comes to mind is “possibility.” Further inspiration lies in the many new and recent constructions nearby, each exquisitely finished to appear as established as Piney Point itself. People love living here, but the location and proportions of this lot make it a solid investment too. Where can you build exactly the luxury home you want among good neighbors and a diversity of restaurants and retail? The answer is right here on this lot. Anything is possible once you make it yours! This listing is for Lot 2 only.

Investor Tools

Property Icon
$1,928,000
Estimated Property Value
$1,387,228Estimated Mortgage Balance
$540,772Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,568 /month
Positive
Cash Flow Estimate:
$3,856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,008/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,458
$1,700,000
2025
$677,445
$1,022,555
$1,700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,458
$1,700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$1,519,111
No
First
Oct 20, 2021
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,387,228
$540,772
28%
72%
$9,108/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,550/mo
$10,308/mo
$-7,758/mo
1.6%

City: Houston

6 W Shady Ln Lane | Property Details | No Agent List