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$529,430

NAL Estimated Property Value

6118 Martha Lane, Houston, TX, 77396

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,332 Sq Ft
price_per_sqft$153.95 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size28,802 sqft

Building Information

Year Built2013
Stories1

Land Information

APN0731850000116
Lot Number116,117
SubdivisionHumble Estates
Land UseResidential
Legal DescriptionLTS 116 & 117 HUMBLE ESTATES
Census Tract241502
Assessed Land Value$201,600
Assessed Improvement Value$327,830
Assessment Year2025

Investor Tools

Property Icon
$529,430
Estimated Property Value
$261,097Estimated Mortgage Balance
$268,333Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,177 /month
Positive
Cash Flow Estimate:
$1,059 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,174
$529,430
2025
$201,600
$327,830
$529,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,174
$529,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$279,200
No
First
Nov 28, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,097
$268,333
50%
49%
$1,674/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,674/mo
+$766/mo
5.5%

Learn About the Market: Opportunity in Houston

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Explore

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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6118 Martha Lane | Property Details | No Agent List