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$395,000

5618 Nina Lee Lane, Houston, TX, 77092

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,316 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.15 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1958
Stories1
Garage Spaces2

Land Information

APN0852100000031
Lot Number31
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 31 BLK 4 OAK FOREST SEC 17
Census Tract531400
Assessed Land Value$180,000
Assessed Improvement Value$180,000
Assessment Year2025

About this property

Charming, well maintained home with many recent updates. Easy access to 290 and 610.

Investor Tools

$316,329Estimated Mortgage Balance
$57,671Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,173
$360,000
2025
$180,000
$180,000
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,173
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Conventional
$325,000
No
First
Dec 6, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,329
$57,671
15%
85%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,949/mo
$-227/mo
5.5%

Learn About the Market: Opportunity in Houston

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Explore

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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5618 Nina Lee Lane | Property Details | No Agent List