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$224,900

5420 Thomas Ln, River Oaks, TX, 76114

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.9 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Gas Water Heater, Microwave
FlooringTile, Wood

Exterior

Lot Size7,784 sqft

Building Information

Year Built1947
Stories1
Garage Spaces1

Land Information

APN34540-5-5
Lot Number5
SubdivisionRiver Oaks Park Addition
Land UseResidential
Legal DescriptionRIVER OAKS PARK ADDITION BLOCK 5 LOT 5
Census Tract110500
Assessed Land Value$46,722
Assessed Improvement Value$177,723
Assessment Year2025

About this property

MOVE IN READY, FULLY UPDATED HOME! This Pinterest inspired home has original hardwood floors, fresh neutral paint scheme throughout, granite countertops in the kitchen and bathroom, plenty of lighting to create a bright and airy setting in your open concept living and kitchen area. Finishing touches include all new windows, stainless steel appliances, gas stove & trendy new bathroom updates along with a large utility room. The large fenced backyard with mature trees will be the perfect setting for your kids and pets to run and play. This amazing location is close proximity to many local eateries, the trinity trails, Lockeed Martin, cultural district & River District.

Investor Tools

Property Icon
$224,445
Estimated Property Value
$176,250Estimated Mortgage Balance
$60,796Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,349 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,458
$224,445
2025
$46,722
$177,723
$224,445
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,458
$224,445

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$176,250
No
First
Jul 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,649
$60,796
27%
73%
$1,057/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,057/mo
+$870/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: River Oaks

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