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$1,808,000

NAL Estimated Property Value

8717 Lanell Ln, Houston, TX, 77055

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$336.35 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size12,001 sqft

Building Information

Year Built2004
Stories1
Garage Spaces4

Land Information

APN0800570000002
Lot Number2
SubdivisionCedarwood
Land UseResidential
Legal DescriptionLT 2 BLK 4 CEDARWOOD SEC 1
Census Tract522500
Assessed Land Value$715,000
Assessed Improvement Value$846,444
Assessment Year2025

About this property

This gorgeous home is located in the Memorial Villages area in Spring Valley, zoned to exemplary SBISD. This home has been well maintained, is ideally located, and has beautiful mature trees. This custom home is built on a pier and beam foundation. The spacious property has an exceptional floor plan of 4,300 sq ft, 4 bedrooms, 4 and half baths, an oversized game room, study, and so much more. The living areas & kitchen open to serene views of the pool and landscaped backyard. The first floor primary bedroom offers a retreat with a sitting area, a sizable bath, double vanities, a spacious closet, & is connected to the utility room. Upstairs features three bedrooms, a game room with adjoining kitchenette, and an air conditioned storage room. Other unique features of this home include a Mosquito Nix system, custom landscaping, expansive backyard with a custom pool, and an extensive patio entertaining area.

Investor Tools

Property Icon
$1,808,000
Estimated Property Value
$928,500Estimated Mortgage Balance
$879,500Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,848 /month
Positive
Cash Flow Estimate:
$3,616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,271
$1,561,444
2025
$715,000
$846,444
$1,561,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,271
$1,561,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Credit Line (Revolving) / Heloc
$1,000,000
No
First
Jul 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$928,500
$776,500
45%
51%
$5,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,996/mo
$-3,770/mo
1.5%

City: Houston

8717 Lanell Ln | Property Details | No Agent List