Last 24 Hours
$508,000
NAL Estimated Property Value2218 Nina Lee Ln, Houston, TX, 77018
Off Market
3 Beds
2 Bath
1,468 Sq Ft
$224.8 / sqft
Built in 1954Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Oven, Gas Cooktop, Dishwasher
FlooringTile, Wood
Exterior
Lot Size8,181 sqft
Building Information
Year Built1954
Stories1
Garage Spaces1
Land Information
APN0731010010001
Lot Number1
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 1 BLK 1 OAK FOREST SEC 14
Census Tract531200
Assessed Land Value$359,892
Assessed Improvement Value$94,408
Assessment Year2025
About this property
Cozy Mid-Century on oversized lot!!! Great for a new build or update!! Tiled Entry, Kitchen, Dining, Den, and Bath. Hardwoods every where else. Attached one car garage with opener and 2 car carport! Double sinks in primary bath! Zoned to Stevens Elementary. One of the lowest prices in Oak Forest...
Investor Tools
$508,000
Estimated Property Value
$0Estimated Mortgage Balance
$508,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,064/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,231
$454,300
2025
$359,892
$94,408
$454,300
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,231
$454,300
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$517,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.1%
12.4%