$565,000
1514 Lehman St, Houston, TX, 77018
$712,966 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood
Exterior
Lot Size9,283 sqft
Building Information
Year Built1961
Stories1
Garage Spaces2
Land Information
APN0845480000158
Lot Number158
SubdivisionElla Lee Forest
Land UseResidential
Legal DescriptionLT 158 BLK G ELLA LEE FOREST
Census Tract531700
Assessed Land Value$281,245
Assessed Improvement Value$520,108
Assessment Year2025
About this property
Welcome to this great house in Ella Lee Forest on a spacious lot. Zoned to highly-desirable Oak Forest Elementary School (Buyer to verify eligibility). Step inside to find warm hardwood floors, natural light filling the open living spaces, and a layout designed for everyday comfort and easy entertaining. Open kitchen to living layout allows for seamless flow for daily life and/or entertaining. Get tranquility and convenience- in close proximity to Candlelight Park and easy access to major highways, downtown, The Heights, & top dining and shopping.
Investor Tools
$0Estimated Mortgage Balance
$801,353Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$712,965
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,808 /month
Positive
Cash Flow Estimate:
$1,603 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
$50/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,281
$801,353
2025
$281,245
$520,108
$801,353
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,281
$801,353
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$801,353
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$50/mo
+$1,860/mo
2.9%
