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$192,000

5505 Thomas Lane, River Oaks, TX, 76114

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths1 Bath
Baths1,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 1949

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Washer

Exterior

Lot Size7,187 sqft

Building Information

Year Built1949
Stories1
Garage Spaces1

Land Information

APN34540-2-15
Lot Number15
SubdivisionRiver Oaks Park Addition
Land UseResidential
Legal DescriptionRIVER OAKS PARK ADDITION BLOCK 2 LOT 15
Census Tract110500
Assessed Land Value$43,140
Assessed Improvement Value$142,731
Assessment Year2025

About this property

A charming oasis nestled in the heart of River Oaks, TX, where comfort meets convenience. This delightful three-bedroom home boasts a spacious layout perfect for both relaxation and entertainment. Step into the bright and airy living area that invites you to unwind after a long day. The full bathroom is thoughtfully designed, offering modern fixtures and ample space to refresh and rejuvenate. Imagine preparing your favorite meals in a welcoming kitchen that effortlessly flows into a cozy dining area. Each bedroom offers a tranquil retreat, ensuring restful nights and peaceful mornings. The property's location provides easy access to local amenities, making everyday errands a breeze. Enjoy the sense of community in River Oaks, with parks, shops, and dining just a stone's throw away. Whether you're starting a new chapter or seeking a serene sanctuary, 5505 Thomas Lane is ready to welcome you home. Experience the perfect blend of style, comfort, and convenience in this lovely property.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,378
$185,871
2025
$43,140
$142,731
$185,871
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,378
$185,871

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Fha
$74,411
Yes
First
Jul 28, 2005
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,670
$159,330
82%
17%
$447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$447/mo
+$1,480/mo
12.0%

Learn About the Market: Opportunity in Texas

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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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5505 Thomas Lane | Property Details | No Agent List