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$362,000

NAL Estimated Property Value

5406 Lamonte Ln, Houston, TX, 77092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.16 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,599 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0861320000008
Lot Number8
SubdivisionMangum Manor
Land UseResidential
Legal DescriptionLT 8 BLK 11 MANGUM MANOR SEC 2 R/P
Census Tract531300
Assessed Land Value$178,200
Assessed Improvement Value$177,034
Assessment Year2025

About this property

Welcome to 5406 Lamonte Ln. This home is tucked away in the well-maintained community of Mangum Manor; neighbor to Oak Forest. This is a deed restricted community, but dues are voluntary with membership...so NO MANDATORY HOA FEES. Updates include all new appliances (refrigerator included), low-E windows, fresh paint, lighting package, subway tile backsplash, granite counters, 2"blinds, laminate flooring, carpet in bedroom, and more! This home has a gorgeous kitchen with an abundance of white cabinets. Plenty of natural lighting throughout. Enjoy the 14x17 covered deck at backyard; great for friends and family gatherings. There is a 8x10 good quality shed, which provides plenty of space to store tools & yard equipment. Just minutes to Mangum Manor Park, TC Jester Park, Grocery stores, eateries, HWY 290, 610 and all the conveniences of city living! Schedule a tour to see this stunning home for yourself!

Investor Tools

Property Icon
$362,000
Estimated Property Value
$331,119Estimated Mortgage Balance
$30,881Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,189 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,481
$355,234
2025
$178,200
$177,034
$355,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,481
$355,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$349,200
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,119
$42,881
11%
91%
$2,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,094/mo
$-372/mo
5.7%

City: Houston

5406 Lamonte Ln | Property Details | No Agent List