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Owner Contacts

$439,000

NAL Estimated Property Value

3610 Mona Lee Ln, Houston, TX, 77080

Off Market

3 Beds

3 Bath

2,265 Sq Ft

$161.15 / sqft

Built in 1957

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size10,080 sqft

Building Information

Year Built1957

Stories1

Garage Spaces1

Land Information

APN0891330000400

Lot Number400

SubdivisionBinglewood

Land UseResidential

Legal DescriptionLT 400 BLK 23 BINGLEWOOD SEC 3

Census Tract521502

Assessed Land Value$172,620

Assessed Improvement Value$177,247

Assessment Year2025

About this property

Updated while preserving the warmth of the original home. Spacious 3 bedroom/3 full bath home on an over sized Spring Branch lot. Lifetime vinyl plank flooring and fresh paint throughout. Updated lighting! Kitchen truly is the heart of the home with loads of on-site built, custom, wood cabinets; refinished countertops; island; and openings to the dining, breakfast and extra room. Check out the PANTRY - it's a dream! Skylights provide natural light. Extra room with it's own entry door provides tons of functionality - private office area, multi-generational living, extra bedroom, gameroom - you choose. An updated FULL bath with oversized shower is attached! Laundry room IN the house. Mature trees and lovely landscaping - front and back! One car DETACHED garage and HUGE site built storage shed as well. A quick walk to the recently redesigned Binglewood Park.

Investor Tools

$439,000

Estimated Property Value

$326,353Estimated Mortgage Balance

$112,647Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,634 /month

Positive

Cash Flow Estimate:

$878 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$435/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,023

$349,867

2025

$172,620

$177,247

$349,867

Tax History

Year

Tax Paid

Assessed Value

2024

$3,023

$349,867

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homeward Mortgage Llc

Conventional

$349,600

First

Oct 18, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$326,353

$67,647

17%

74%

$2,097/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,147/mo

$-425/mo

4.7%

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