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$1,069,000

NAL Estimated Property Value

1406 Lynnview Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,516 Sq Ft
price_per_sqft$357.71 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size12,802 sqft

Building Information

Year Built1956
Stories1
Garage Spaces3

Land Information

APN0891860000014
SubdivisionMonarch Oaks
Land UseResidential
Legal DescriptionTR 14B BLK 5 MONARCH OAKS SEC 3
Census Tract520700
Assessed Land Value$718,304
Assessed Improvement Value$259,950
Assessment Year2025

About this property

Click on the video button for a full virtual drone tour!! Location, Location, Location!! Welcome home to your lushed landscaped lot with a sparkling pool and hot tub located in the sought after Spring Branch Area. Zoned to Valley Oaks Elementary and Memorial High School, this completely renovated single story ranch style home offers an open floor plan with high end refinements and technology found throughout. New low-e windows with a lifetime warranty.(per seller) Working from home? Enjoy two spaces that can be set up as a home office in the home or in separate apartment with a full kitchen and bathroom. This home is surrounded by new construction.Never flooded(per seller). Come and schedule a visit today before it's gone!

Investor Tools

Property Icon
$1,069,000
Estimated Property Value
$640,369Estimated Mortgage Balance
$428,631Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,414 /month
Positive
Cash Flow Estimate:
$2,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,978
$978,254
2025
$718,304
$259,950
$978,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,978
$978,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$708,000
No
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$640,369
$412,631
39%
60%
$4,245/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,245/mo
$-2,523/mo
1.9%

City: Houston

1406 Lynnview Dr | Property Details | No Agent List