$800,000
214 Mignon Ln, Houston, TX, 77024
On Market
Highlights
Interior
Exterior
Lot Size14,331 sqft
Building Information
Year Built1960
Stories1
Garage Spaces2
Land Information
APN0923670000009
Lot Number9
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 9 BLK 1 MEMORIAL BEND SEC 4
Census Tract430900
Assessed Land Value$746,623
Assessed Improvement Value$100
Assessment Year2025
About this property
14K SF CLEARED LOT IN MEMORIAL, lowest price per SF in all of 77024, on a SECLUDED CUL-DE-SAC, all 5 star rated schools - including Memorial High, multi-million dollar new construction all around.
Investor Tools
$0Estimated Mortgage Balance
$842,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,052 /month
Positive
Cash Flow Estimate:
$1,684 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
$480/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,672
$746,723
2025
$746,623
$100
$746,723
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,672
$746,723
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,071,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$480/mo
+$2,040/mo
3.6%
