$109,900
6405 Ella Lee Lane, Houston, TX, 77057
$139,967 ARV
Pending
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Tile, Wood
Building Information
Year Built1965
Stories2
Land Information
APN1117260000003
SubdivisionMarble Arch Condo
Land UseResidential
Legal DescriptionUNIT 6405 BLDG P .007320 INT COMMON LAND & ELE MARBLE ARCH CONDO
Census Tract431303
Assessed Land Value$20,576
Assessed Improvement Value$87,717
Assessment Year2025
About this property
Lovely 2-bedroom, 1.5-bath townhome-style condo offering 1,224 SF of comfortable living space in the desirable Marble Arch community. Features include open living and dining areas, spacious upstairs bedrooms, assigned parking and community pool. Conveniently located near the Galleria, major freeways, shopping, and restaurants. Excellent rental potential in a high-demand location. Opportunity to add value with cosmetic updates. Sold as-is.
Investor Tools
$82,019Estimated Mortgage Balance
$27,981Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$139,966
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$865/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,519
$108,293
2025
$20,576
$87,717
$108,293
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,519
$108,293
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cv3 Financial Services Llc
Building Or Construction Loan
$84,400
No
First
Nov 24, 2024
Dec 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,019
$27,981
25%
75%
$507/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,372/mo
+$168/mo
16.8%
