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$362,000

NAL Estimated Property Value

5618 Verdome Lane, Houston, TX, 77092

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,432 Sq Ft
price_per_sqft$226.96 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,826 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN0960790000050
Lot Number50
SubdivisionForest Pines
Land UseResidential
Legal DescriptionLT 50 BLK 3 FOREST PINES SEC 1
Census Tract531500
Assessed Land Value$131,250
Assessed Improvement Value$171,229
Assessment Year2025

About this property

Large corner lot in the Forest Pines neighborhood, this home has never flooded! Easy access to NW Freeway (Hwy 290), close to Loop 610 & Sam Houston Tollway and a short drive to many Houston attractions. The open concept floor plan of this home makes it great for entertaining. This 4 bedroom home provides flexibility for a study/office with built-in shelving in one room and while still maintaining 3 bedrooms. Recently upgraded - floors, cabinet hardware, interior door hardware, kitchen & bathroom fixtures, lighting (LED), fresh paint, granite counter tops, 25 mm (1”) thick, sprinkler system for front & side yards/flower beds. Texas themed metal fence & locking gate between house & garage. One owner to date. This community has deed restrictions, but that has no HOA fees or MUD taxes. A large safe is included and is secured into a closet in a secondary bedroom. Utility room inside the home. Public education provided by HISD, and there are several excellent private schools in the area.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$260,489Estimated Mortgage Balance
$101,511Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,122
$302,479
2025
$131,250
$171,229
$302,479
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,122
$302,479

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$288,000
No
First
May 11, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,489
$101,511
28%
72%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,727/mo
$-5/mo
5.7%

City: Houston

5618 Verdome Lane | Property Details | No Agent List