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$275,000

18406 Leinad Dr, Houston, TX, 77090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.12 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher

Exterior

Lot Size23,736 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN0950580000035
Lot Number35
SubdivisionPine Oak Forest Extn U/R
Land UseResidential
Legal DescriptionLT 35 PINE OAK FOREST EXTN U/R SEC 1
Census Tract553202
Assessed Land Value$38,225
Assessed Improvement Value$236,775
Assessment Year2025

About this property

Welcome to this beautiful 3 bedroom, 3 full bath, one story ranch style home, with a 3 car garage situated on over a half acre lot. You will have all the privacy you desire with it's huge front & back yards with mature trees. This home is immaculate! It features... NEW ROOF 12/2023, New Windows 11/2023, New Gas Line and Valve 9/2023, Breaker Panel board replaced 6/2023, entire interior painted (ceilings, walls, doors and borders 5/2023, Filtered Water System/Water Softener 2021 and New Privacy Fence 2020! Conveniently located near shopping center, restaurants,NW Medical Center, Cypress Creek Hospital and only minutes from major freeways. This property has its own well water, no MUD taxes or water bills. This home is truly a gem and is sure to not last long!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$247,500Estimated Mortgage Balance
$36,009Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,188
$275,000
2025
$38,225
$236,775
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,188
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$247,500
No
First
Jun 28, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,991
$39,009
14%
87%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,604/mo
+$186/mo
7.8%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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18406 Leinad Dr | Property Details | No Agent List