Last 24 Hours
$138,000
NAL Estimated Property Value5918 Lancaster St, Houston, TX, 77087
Off Market
2 Beds
1 Bath
1,004 Sq Ft
Single Family Residence
$159.36 / sqft
Built in 1953Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
HeatingFlooringCarpet, Laminate, Tile
Exterior
Lot Size6,421 sqft
Building Information
Year Built1953
Stories1
Garage Spaces1
Land Information
APN0720930090001
Lot Number1
SubdivisionOakland Plaza
Land UseResidential
Legal DescriptionLT 1 BLK 9 OAKLAND PLAZA SEC 2
Census Tract332600
Assessed Land Value$45,839
Assessed Improvement Value$91,707
Assessment Year2025
About this property
Cute starter home, or great for rental income. Fresh paint and new carpet. The roof is less than a year old. Lg fenced-in backyard. Updated kitchen with quartz countertops and a tile backsplash. No central air. The home has window units. No appliances.
Investor Tools
$138,000
Estimated Property Value
$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,878
$137,546
2025
$45,839
$91,707
$137,546
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,878
$137,546
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$143,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
11.4%
12.4%