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$603,546

NAL Estimated Property Value

1855 Nina Lee Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.52 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size7,079 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0731000680002
Lot Number2
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 2 BLK 71 OAK FOREST SEC 11
Census Tract531200
Assessed Land Value$371,842
Assessed Improvement Value$231,704
Assessment Year2025

About this property

Your opportunity to call this exceptional renovated home with all the bells and whistles home in sought-after Oak Forest on high demand street! This home sits on a tree-lined street with attached garage, sprawling professionally landscaped front/backyard, chefs kitchen with custom cabinetry, seamless granite countertops, stainless steel appliances, stunning bathroom retreat with custom tile work and dual vanity, gleaming engineered hardwood floors found throughout, full-size utility room, excess of natural light and transitional open layout. A true impressive interior AND exterior - A hard to find home that boasts transitional space, generously sized rooms, thoughtful layout and plenty of storage with bonus outdoor storage shed. A home that checks EVERY BOX with a boast-worthy sprawling backyard in coveted neighborhood with access to booming retail and dining! (Refrigerator, washer and dryer included.)

Investor Tools

Property Icon
$603,546
Estimated Property Value
$464,476Estimated Mortgage Balance
$139,070Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,621 /month
Positive
Cash Flow Estimate:
$1,207 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,792
$603,546
2025
$371,842
$231,704
$603,546
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,792
$603,546

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$490,675
No
First
Jun 14, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,476
$139,070
23%
77%
$2,942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,942/mo
$-1,220/mo
3.4%

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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1855 Nina Lee Ln | Property Details | No Agent List