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$297,861

NAL Estimated Property Value

5001 Verdome Ln, Houston, TX, 77092

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.68 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Oven, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,660 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0804390000011
Lot Number11
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 11 BLK 9 OAK FOREST SEC 16
Census Tract531500
Assessed Land Value$248,928
Assessed Improvement Value$48,933
Assessment Year2025

About this property

Wonderful investment opportunity in the sought after neighborhood of Oak Forest. Situated on a rare oversized corner lot, you have room to build your dream home or renovate the charming home that is already on the property. With original red oak hardwoods throughout and a huge primary bedroom with enough space to create a primary bath and walk in closet, there are also a few exciting updates to share: low-E double paned windows, updated plumbing, beautiful double doors leading out to the spacious back yard, and the garage was built out to be a third bedroom or media room. The house is located in a Quiet Zone and the train is not allowed to sound its horn. This property is centrally located between 610 and 290 and is just a short distance to downtown. High & dry - never flooded!

Investor Tools

Property Icon
$297,861
Estimated Property Value
$213,474Estimated Mortgage Balance
$84,387Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,787 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,286
$297,861
2025
$248,928
$48,933
$297,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,286
$297,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$223,250
No
First
Dec 21, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,474
$86,526
28%
72%
$1,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,339/mo
$-32/mo
5.3%

City: Houston

5001 Verdome Ln | Property Details | No Agent List