7Days on Market

1view

$875,000

442 Mignon Ln, Houston, TX, 77024

On Market

Just Added

3 Beds

3 Bath

2,187 Sq Ft

Single Family Residence

$400.09 / sqft

Built in 1956

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size9,818 sqft

Building Information

Year Built1956

Stories1

Garage Spaces2

Land Information

APN0843220000026

Lot Number26

SubdivisionMemorial Bend

Land UseResidential

Legal DescriptionLT 26 BLK 4 MEMORIAL BEND SEC 1

Census Tract430900

Assessed Land Value$592,118

Assessed Improvement Value$121,882

Assessment Year2025

About this property

Welcome to 442 Mignon Lane—where comfort, convenience, and an unbeatable Houston location come together! Nestled on nearly a 10,000-square-foot lot, this charming home offers three bedrooms, two-and-a-half bathrooms, and a bright, open-concept living area designed for easy everyday living and entertaining. Natural light fills the spacious interior, creating a warm and welcoming atmosphere throughout. The home also features several important improvements, including the roof, HVAC system and interior updates providing added peace of mind for its new owners.Located in one of Houston’s most desirable areas, this home is just a short walk from local shops, restaurants, and parks. With sought-after Memorial schools nearby and a location that makes it easy to enjoy the neighborhood,

Investor Tools

$0Estimated Mortgage Balance

$796,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,250 /month

Positive

Cash Flow Estimate:

$1,750 /month

Interested in this property?

Nannette Delaney

Nannette Delaney & Associates

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$526/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,327

$714,000

2025

$592,118

$121,882

$714,000

Tax History

Year

Tax Paid

Assessed Value

2024

$2,327

$714,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$946,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

N/A

+$2,520/mo

3.8%

Learn About the Market: Opportunity in Houston

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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.

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