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$305,000

NAL Estimated Property Value

723 Marne Ln, Houston, TX, 77090

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,634 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.59 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,350 sqft

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN1051050000011
Lot Number11
SubdivisionWestador
Land UseResidential
Legal DescriptionLT 11 BLK 2 WESTADOR SEC 5
Census Tract553202
Assessed Land Value$49,731
Assessed Improvement Value$204,524
Assessment Year2025

About this property

Welcome to 723 Marne, a beautifully remodeled home that combines modern elegance with comfort. This spacious property features 5 generously sized bedrooms and a dedicated home office, perfect for today's work-from-home lifestyle. Every inch of the home has been thoughtfully updated w finishes and designer touches, ensuring both style and functionality. The home office provides a quiet space for productivity, while the additional bedrooms offer plenty of room for rest and relaxation. From the flooring to the fixtures, every update has been carefully considered to enhance the overall aesthetic and comfort. * Home has a secret room, be sure to ask agent for full video! Located in a desirable neighborhood, this home offers both convenience and charm, making it a rare find in today’s market. Don’t miss the opportunity to own this stunning property at 723 Marne – a perfect blend of contemporary upgrades and timeless appeal.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$305,310Estimated Mortgage Balance
$31,690Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$319
$254,255
2025
$49,731
$204,524
$254,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$319
$254,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Fha
$311,258
Yes
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,310
$31,690
9%
100%
$1,867/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,457/mo
$-137/mo
9.1%

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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723 Marne Ln | Property Details | No Agent List