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$109,900

6405 Ella Lee Lane, Houston, TX, 77057

$139,967 ARVInfo
PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,224 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$89.79 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
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

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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%

City: Houston

6405 Ella Lee Lane | Property Details | No Agent List