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2view

Owner Contacts

$379,835

NAL Estimated Property Value

5623 Nina Lee Ln, Houston, TX, 77092

Off Market

3 Beds

2 Bath

1,359 Sq Ft

Single Family Residence

$264.9 / sqft

Built in 1958

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringWood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1958

Stories1

Garage Spaces2

Land Information

APN0852150000007

Lot Number7

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 7 BLK 9 OAK FOREST SEC 17

Census Tract531400

Assessed Land Value$180,000

Assessed Improvement Value$199,835

Assessment Year2025

About this property

Welcome to 5623 Nina Lee, located in Oak Forest and close to everything! This classic ranch-style home has been completely remodeled down the studs and it’s everything you’ve been looking for. Featuring 3 bedrooms, 2 baths, refinished gleaming hardwood floors, marble tiles in the bathrooms, new double pane windows, covered back patio, pergola, and a pristine yard! The home features an open concept living room, entertainers dining area, and a Chef’s kitchen with breakfast bar overlooking the home. This Oak Forest beauty sits on over 7,000 SqFt and features a true 2 car garage with epoxy floors. New roof, HVAC, plumbing, and electrical completed in 2016. NEVER FLOODED, close to the action, and turn-key, this home is just what you’ve been looking for! Schedule your private tour today before this gem is gone!

Investor Tools

$379,835

Estimated Property Value

$288,317Estimated Mortgage Balance

$91,518Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,279 /month

Positive

Cash Flow Estimate:

$760 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$789/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,570

$379,835

2025

$180,000

$199,835

$379,835

Tax History

Year

Tax Paid

Assessed Value

2024

$7,570

$379,835

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$219,500

First

Oct 28, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$288,317

$91,518

24%

76%

$1,917/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,917/mo

$-195/mo

5.4%

Learn About the Market: Opportunity in Houston

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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.

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