3007 La Estancia Ln, Houston, TX 77093

4 beds, 2 baths, 1,590 sqft
For Sale
$2,250,000
Zestimate®: $90,197
Est. Mortgage:

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My Notes
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ATTENTION REAL ESTATE INVESTORS: Don't miss this opportunity to buy a FULLY STABILIZED 22 single-family portfolio in the booming Houston market.
*****FOR MORE INFORMATION ON THIS PORTFOLIO PLEASE CONTACT MLUX PROPERTIES AT 214-843-0606 OR EMAIL US AT INFO@MLUXPROPERTIES.COM
***WWW.MLUXPROPERTIES.COM***
Additional Information on this Portfolio:
All homes were built in 2006 and are located on La Estancia Lane.
One Seller who owns all properties.
The Portfolio is fully stabilized (no vacancies).
List Price is $64.77 per square feet.
Harris County?s population of 4,336,853 is expected to grow to 4,600,000 by 2015 for a 7% increase.
Asking Price: $2,250,000.00
Floor Plans
3bed/2bath, 1590 sf
4bed/2bath, 1562 sf
5bed/2bath, 1590 sf
4bed/2bath, 1590 sf
3bed/2.5bath, 1590 sf
Rental Rates
$850.00 to $1,295.00 per month
Locally Managed by a Professional Property Management Company
 
What I love about the home
Houston is the most populated City in Texas. Houston has two major Airports Houston Hobby Bush Intercontinental Airport 11th largest airport in the country Located less than an hour from the Gulf of Mexico. Industry Leaders in Houston: Ranked #1 Energy Ranked #2 Chemical The Port of Houston is the worlds 6th largest port. Houston Public Transportation System Metropolitan Transit Authority of Harris County Bus Transportation Metro Rail Line Houston Cost of Living Index as of 2014: 89.9 Property Tax Rate for Harris County: 2.55%
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Facts
  • Lot: 3,000 sqft
  • Single Family
  • Built in 2006
  • 35 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Last sold: May 2013
Features
  • Barbecue
  • Ceiling Fan
  • Flooring: Carpet, Linoleum / Vinyl, Tile
  • Lawn
  • Parking: On street
Additional Features
  • New Flooring, New Paint
Appliances Included
  • Dishwasher
  • Garbage disposal
  • Refrigerator
Room Types
  • Breakfast nook
  • Dining room
  • Family room
  • Laundry room
  • Master bath
  • Office
  • Pantry
Construction
  • Construction quality: 6.0
  • Exterior material: Brick, Other
  • Roof type: Other
  • Room count: 6
  • Unit count: 1
Other
  • Floor size: 1,590 sqft
  • Heating: Electric
  • Last remodel year: 2006
  • Parcel #: 1275640030014
  • Zillow Home ID: 80535774
Home Values
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$90,197
-$2,369 Last 30 daysd
$76K
$107K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,271/mo
+$29 Last 30 daysd
$1.1K
$1.4K
Zestimate range

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Neighborhood for 3007 La Estancia Lane

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Zillow predicts Houston Metro home values will increase 5.8% next year. Among Eastex - Jensen Area homes, this home is 2386.2% more expensive than the midpoint (median) home, and is priced 1761.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Eastex - Jensen Area market, the number of foreclosures waiting to be sold shrank 33.8% in the last year. The number of unsold foreclosures is 24% higher than in Houston Metro, and 131.3% higher than the national average. This higher local number may prevent Eastex - Jensen Area home values from rising as quickly as other regions in Houston Metro.

Learn more about forecast calculations.
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