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$1,895,000

639 Diamond Leaf Ln, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$400.32 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,920 sqft

Building Information

Year Built2019
Garage Spaces4

Land Information

APN0854180000013
Lot Number13
SubdivisionMemorial Plaza
Land UseResidential
Legal DescriptionLT 13 BLK 4 MEMORIAL PLAZA SEC 1
Census Tract450100
Assessed Land Value$600,600
Assessed Improvement Value$1,166,757
Assessment Year2025

About this property

Situated in the prestigious Memorial Plaza, this magnificent home redefines luxury for those seeking elegance and comfort. Rich hardwood floors grace the main level, leading to a stately dining room and tranquil study. The chef’s kitchen dazzles with a vast island, butler’s pantry, and top-tier appliances, flowing effortlessly into a charming breakfast area and warm family room. Towering ceilings and generous windows flood the space with natural light, framing scenic views of the backyard and a delightful covered patio featuring an outdoor kitchen. Upstairs, a spacious game room, three bedrooms with private baths, and a utility room with abundant storage await. The outdoor space features a spacious covered patio with a brick surround and a built-in grill, opening to an expansive lawn perfect for relaxation and entertainment. This home is equipped with a generator, ensuring power and peace of mind during outages. Discover this stunning retreat—book your private tour today!

Investor Tools

Property Icon
$1,895,000
Estimated Property Value
$1,653,250Estimated Mortgage Balance
$270,864Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,976/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,233
$1,767,357
2025
$600,600
$1,166,757
$1,767,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,233
$1,767,357

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$1,653,250
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,624,136
$296,864
15%
86%
$9,913/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$10,278/mo
$-7,548/mo
1.7%

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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639 Diamond Leaf Ln | Property Details | No Agent List