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$422,837

NAL Estimated Property Value

5243 Lamonte Ln, Houston, TX, 77092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,574 Sq Ft
price_per_sqft$273.19 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1958
Garage Spaces2

Land Information

APN0861300000015
Lot Number15
SubdivisionMangum Manor
Land UseResidential
Legal DescriptionLT 15 & TR 16B BLK 9 MANGUM MANOR SEC 2 R/P
Census Tract531300
Assessed Land Value$187,500
Assessed Improvement Value$235,337
Assessment Year2025

About this property

Showings begin 1/10. Newly renovated brick ranch home on an oversized lot w/ huge, mature oak tree in Deed Restricted Mangum Manor./Oak Forest West. Huge detached, air conditioned 440 sq ft. bonus room not included in sq. footage. New exterior and interior paint to walls + cabinets 2021, newer low e windows. New HVAC + plumbing 2020. Featuring a terrific open floorplan with an abundance of natural light, this home also has a rare 2 car garage, separate and spacious laundry room, generously sized master w/ walk in closet, front porch, covered back patio and large backyard + additional gated storage behind the bonus room. The location of the bonus room would make it very easy to attach to the home combining all space for an easy game room or guest suite addition. With this yard having plenty of space for a pool, it would also make an excellent pool house by adding sliding doors to the left wall. Fruit bearing gardens planted by the current owner. New refrigerator to stay. Never flooded.

Investor Tools

Property Icon
$422,837
Estimated Property Value
$390,199Estimated Mortgage Balance
$32,638Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$924/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,971
$422,837
2025
$187,500
$235,337
$422,837
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,971
$422,837

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$362,586
Yes
First
May 6, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,199
$32,638
7%
92%
$2,556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,556/mo
$-834/mo
4.9%

Learn About the Market: Opportunity in Houston

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Houston

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5243 Lamonte Ln | Property Details | No Agent List