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$1,328,000

NAL Estimated Property Value

855 Lamonte Ln, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,361 Sq Ft
price_per_sqft$401.67 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size16,113 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN0660460360027
Lot Number27
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 27 BLK 36 GARDEN OAKS SEC 3
Census Tract531000
Assessed Land Value$701,223
Assessed Improvement Value$577,109
Assessment Year2025

About this property

Fabulous home with garage apartment in desirable section 3 of Garden Oaks. A welcoming front porch leads to the beautiful entryway with art nook and high ceilings. The light filled dining room with amazing coffered cross-beamed ceiling and adjacent butler’s pantry is great for entertaining. The family room is open to the kitchen by a 2-level island with counter seating. Double ovens, glass cooktop, 48” builtin refrigerator/freezer, island sink and additional counter sink are a cook’s dream. The study with builtins and large window provides a great workspace for a home office. Large primary has an amazing sitting area with windows to view the backyard. Tranquil bath has a soaking tub, separate shower, double pedestal sinks and towel warmer. 3 bedrooms upstairs have cute lofts. The 2nd living or game room opens to a screened porch. Enjoy mornings and evenings on the back porch with views of the yard. The apartment above the garage is a great space for guests or second home office

Investor Tools

Property Icon
$1,328,000
Estimated Property Value
$789,875Estimated Mortgage Balance
$538,125Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,293/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,880
$1,278,332
2025
$701,223
$577,109
$1,278,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,880
$1,278,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$806,500
No
First
Mar 2, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$789,875
$578,125
42%
59%
$4,836/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$4,861/mo
$-2,635/mo
2.0%

Learn About the Market: Opportunity in Houston

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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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