NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$788,386

NAL Estimated Property Value

863 Lamonte Lane, Houston, TX, 77018

Off Market

3 Beds

3 Bath

1,718 Sq Ft

Single Family Residence

$436.26 / sqft

Built in 1943

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Electric Oven, Gas Cooktop, Dishwasher

FlooringWood

Exterior

Private Pool

Lot Size11,970 sqft

Building Information

Year Built1943

Stories1

Garage Spaces2

Land Information

APN0660460360025

Lot Number25

SubdivisionGarden Oaks

Land UseResidential

Legal DescriptionLT 25 BLK 36 GARDEN OAKS SEC 3

Census Tract531000

Assessed Land Value$604,175

Assessed Improvement Value$184,211

Assessment Year2025

About this property

Fabulous and thoughtfully remodeled home in Garden Oaks with a pool and pool house! Enter through the inviting glass front door and spacious foyer to the cozy family room with stacked stone fireplace and plantation shutters. The dining area placed between the foyer and family room is perfect for entertaining. Awesome eat-in kitchen is just off the dining with granite counters, stainless appliances, great storage, lighted panty, and 5 burner gas cooktop. Designer planned master suite has a sliding barn door that leads you to the tranquil bathroom with large walk-in shower with double shower heads and separate soaking tub. The backyard is breathtaking with a pool large enough to swim laps or relax in the spa surrounded by lush greenery and 2 patios for outdoor living. The pool house/game room is plumbed for a future bathroom. Walking distance to parks, schools and retail. (Sqft per HCAD includes the pool house.)

Investor Tools

$788,386

Estimated Property Value

$510,347Estimated Mortgage Balance

$278,039Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,730 /month

Positive

Cash Flow Estimate:

$1,577 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$975/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,761

$788,386

2025

$604,175

$184,211

$788,386

Tax History

Year

Tax Paid

Assessed Value

2024

$7,761

$788,386

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$584,000

First

Sep 25, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$510,347

$278,039

35%

65%

$2,478/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,478/mo

$-1,171/mo

2.0%

Learn About the Market: Opportunity in Houston

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 This Area