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$2,950

8615 La Fonte St, Houston, TX, 77024

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,584 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,474 sqft

Building Information

Year Built1968
Stories2
Garage Spaces2

Land Information

APN1000940000007
Lot Number7
SubdivisionLafayette Place
Land UseResidential
Legal DescriptionLT 7 BLK 4 LAFAYETTE PLACE SEC 3
Census Tract430101
Assessed Land Value$197,400
Assessed Improvement Value$209,432
Assessment Year2025

About this property

Beautiful and spacious 3 bedroom, 2.5 bath town home in wonderful Lafayette Place! Home features two living spaces downstairs one with fireplace, huge formal dining room, large kitchen with tons of storage and refrigerator included, half bath & a rare, extra-large private patio. The wall of glass windows and sliding doors bring in an abundance of natural light. The large, open floor plan is perfect for entertaining and kitchen is open to family room. Huge closets are in all the spacious bedrooms. Master ensuite with double sinks. Home features extra storage, including an over-sized 2 car garage with laundry room, washer/dryer included. Located mid-block on a charming, quiet, private street and walking distance to area pool just about 50 ft from your front door. DID NOT FLOOD! Fantastic location convenient to Downtown, The Galleria, Memorial Park, and the Energy Corridor. Zoned to prestigious Hunters Creek Elementary, Spring Branch Memorial Middle and Memorial High School. Pool Access

Investor Tools

$291,763Estimated Mortgage Balance
$221,345Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,072 /month
Positive
Cash Flow Estimate:
$1,024 /month

Interested in this property?

Joe Applewhite

CB&A, Realtors- Loop Central

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,589
$406,832
2025
$197,400
$209,432
$406,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,589
$406,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$319,500
No
First
Oct 27, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,763
$157,237
35%
57%
$1,916/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,916/mo
+$604/mo
5.9%

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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8615 La Fonte St | Property Details | No Agent List