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$145,159

NAL Estimated Property Value

6407 Ella Lee Lane, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,224 Sq Ft
price_per_sqft$122.47 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringTile

Building Information

Year Built1965
Stories2

Land Information

APN1117260000004
SubdivisionMarble Arch Condo
Land UseResidential
Legal DescriptionUNIT 6407 BLDG P .007320 INT COMMON LAND & ELE MARBLE ARCH CONDO
Census Tract431303
Assessed Land Value$27,580
Assessed Improvement Value$117,579
Assessment Year2025

About this property

This cozy 2 bedroom 1.5 bath condo features tile and laminate wood throughout is located close to the Galleria with amazing restaurants and shopping centers nearby. The kitchen is wrapped with quartz countertops, colorful backsplash, and stainless steel appliances. Samsung stainless steel fridge and stackable washer + dryer are staying with this home! Right beside that is a covered patio to enjoy the warm sunlight. Upstairs you will find 2 generously-sized bedrooms with a bathroom that features a glass-framed standing shower with smooth white tiling. In the community, there are 2 pools along with designated pet areas. All utilities are included in the HOA fee (electricity, water, trash, 24/7 onsite security patrol and maintenance staff).

Investor Tools

Property Icon
$145,159
Estimated Property Value
$126,971Estimated Mortgage Balance
$18,188Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$653/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,306
$145,159
2025
$27,580
$117,579
$145,159
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,306
$145,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$137,750
No
First
Mar 15, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,971
$18,188
12%
87%
$826/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,479/mo
+$61/mo
12.7%

City: Houston

6407 Ella Lee Lane | Property Details | No Agent List