Street View

1view

Owner Contacts

$245,000

5211 Lamonte Ln, Houston, TX, 77092

Under Contract

3 Beds

1 Bath

1,568 Sq Ft

Single Family Residence

$156.25 / sqft

Built in 1960

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size6,900 sqft

Building Information

Year Built1960

Stories1

Garage Spaces1

Land Information

APN0861300000007

Lot Number7

SubdivisionMangum Manor

Land UseResidential

Legal DescriptionLT 7 BLK 9 MANGUM MANOR SEC 2 R/P

Census Tract531300

Assessed Land Value$177,675

Assessed Improvement Value$134,648

Assessment Year2025

About this property

*LOCATION LOCATION LOCATION!* Charming 3 bedroom home in Mangum Manor featuring timeless 4-sided brick construction, ROOF REPLACED 2022, & freshly painted (2026)! Original HARDWOOD FLOORS flow through much of home. Flexible floorplan offers generous Living, versatile Dining, & Bedroom #3 that could also serve as a Study. Bonus Room off the Primary Bedroom is ideal for a Office, Nursery, Exercise or Hobby Room & features a lighted walk-in closet with access to the Utility Room. Kitchen offers gas range, microwave, dishwasher, & functional U-shaped design ready for your personal updates. Pavered patio overlooks fully fenced backyard with plenty of room to garden, play, or entertain. 1-car attached garage. Low tax rate, voluntary HOA & convenient access to Hwy 290, Loop 610, shopping, restaurants, & walking distance to Wainwright Elementary. Whether you choose to enjoy it just as it is or make updates over time, this home offers the flexibility to create a space that's uniquely your own.

Investor Tools

$374,000

Estimated Property Value

$0Estimated Mortgage Balance

$374,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,244 /month

Positive

Cash Flow Estimate:

$748 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$670/month

$35/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,167

$312,323

2025

$177,675

$134,648

$312,323

Tax History

Year

Tax Paid

Assessed Value

2024

$6,167

$312,323

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$378,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$35/mo

+$2,191/mo

7.1%

Learn About the Market: Opportunity in Houston

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