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$297,000

NAL Estimated Property Value

5129 Nina Lee Lane, Houston, TX, 77092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,100 Sq Ft
price_per_sqft$254.55 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,301 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0804520000009
SubdivisionOak Forest
Land UseResidential
Legal DescriptionTRS 9B & 10A BLK 22 OAK FOREST SEC 16
Census Tract531400
Assessed Land Value$207,045
Assessed Improvement Value$66,255
Assessment Year2025

About this property

Honey stop the car! Opportunity knocks! This sweet Oak Forest traditional ranch charmer is ready for its next chapter. Nestled in the middle of one of Houston's favorite neighborhoods, this is an excellent location for commuters - hop onto 290 or 610 North Loop and move on to your destination with ease. You will love the 1950's red oak hardwoods in this rock solid Oak Forest original. BONUS: two full baths PLUS a two car attached garage! Make this home yours today.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$138,567Estimated Mortgage Balance
$158,433Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,714
$273,300
2025
$207,045
$66,255
$273,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,714
$273,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$153,500
No
First
May 7, 2021
Jun 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,567
$158,433
53%
47%
$921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$921/mo
+$801/mo
7.0%

City: Houston

5129 Nina Lee Lane | Property Details | No Agent List