A

NoAgentList RatingHow are grades calculated?

1view

$133,500

5001 Lamonte Lane 92, Houston, TX, 77092

Off Market

2 Beds

1 Bath

909 Sq Ft

Condos / Townhouses

$151.71 / sqft

Built in 1970

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Building Information

Year Built1970

Stories1

Land Information

APN1141520080003

SubdivisionArbor Green Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 92 BLDG I .006849 INT COMMON LAND & ELE ARBOR GREEN CONDO PH 1

Census Tract531300

Assessed Land Value$26,100

Assessed Improvement Value$107,400

Assessment Year2025

About this property

Beautiful Oak Forest updated 2 bedroom downstairs unit in Arbor Green. The condo is move-in ready with new vinyl plank floors, new plush carpet, updated cabinets, new granite counter tops, new stainless appliances, new plumbing fixtures, new electric fixtures and fresh paint. This downstairs unit is open and airy with a fireplace in the living room and natural light coming from the large fenced in patio. The washer and dryer are located in the unit off the kitchen. The quite well maintained grounds include a doggie park, large green space and nice pool area.1 covered assigned parking space and plenty of unassigned parking.

Investor Tools

$133,500

Estimated Property Value

$0Estimated Mortgage Balance

$133,500Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$827 /month

Positive

Cash Flow Estimate:

$276 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$170/month

$369/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,370

$133,500

2025

$26,100

$107,400

$133,500

No

Tax History

Year

Tax Paid

Assessed Value

2024

$1,370

$133,500

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$133,500

100%

0%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$369/mo

+$938/mo

11.7%

Learn About the Market: Opportunity in Houston

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