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$331,000

NAL Estimated Property Value

6018 Lynwood Banks Ln, Houston, TX, 77092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,491 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.5 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size4,208 sqft

Building Information

Year Built2008
Garage Spaces1

Land Information

APN1286100010026
Lot Number26
SubdivisionPinemont Square
Land UseResidential
Legal DescriptionLT 26 BLK 1 PINEMONT SQUARE SEC 2
Census Tract531500
Assessed Land Value$103,200
Assessed Improvement Value$204,450
Assessment Year2025

About this property

Welcome to your new home in the highly desired community of Oak Forest West. This cute and inviting 3-bedroom, 2-bathroom residence is ready to welcome you! This property presents an excellent opportunity to make it uniquely yours. Upgrades already completed include new exterior paint, an updated HVAC system for optimal comfort year-round, a newly added covered backyard patio, and a well-maintained fence. Located in a quaint neighborhood, you'll appreciate the peaceful surroundings and the availability of green spaces for your furry friends to play. Annual HOA assessments include water and trash service, simplifying your life. TC Jester Park, just minutes away, offers a wealth of outdoor activities, from scenic walking trails to disc golf and a dog park. Plus, food enthusiasts will delight in the proximity to various restaurants and craft breweries, making dining out a breeze.

Investor Tools

Property Icon
$331,000
Estimated Property Value
$0Estimated Mortgage Balance
$331,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
$1,760/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,328
$307,650
2025
$103,200
$204,450
$307,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,328
$307,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,760/mo
$-38/mo
6.2%

City: Houston

6018 Lynwood Banks Ln | Property Details | No Agent List