B+

NoAgentList RatingHow are grades calculated?

1view

$347,000

6027 Lynwood Banks Ln, Houston, TX, 77092

Off Market

3 Beds

2 Bath

1,743 Sq Ft

Single Family Residence

$186.46 / sqft

Built in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,204 sqft

Building Information

Year Built2007

Garage Spaces1

Land Information

APN1286100010036

Lot Number36

SubdivisionPinemont Square

Land UseResidential

Legal DescriptionLT 36 BLK 1 PINEMONT SQUARE SEC 2

Census Tract531500

Assessed Land Value$103,150

Assessed Improvement Value$220,702

Assessment Year2025

About this property

WOW! LOCATION, LOCATION, LOCATION! Come see this fantastically maintained 3 bedroom/2 bath/2 car garage Perry home that SHINES with the pride of ownership! Extended tile and soaring ceiling sweep you into this home that boasts recent paint inside and out, recent lighting and plumbing fixtures, updated back patio and more! Great natural light with LOTS of windows! The open floor plan has a spacious family and dining area. The kitchen features granite counter, solid wood cabinets, gas cooking! Private owners retreat with great walk-in closet, dual sinks and separate tub and shower! Split floor plan! Great storage! Relax on the back patio! Easy access to 290, 610, the Galleria, Downtown, the Heights and more! Close to shopping and restaurants!

Investor Tools

$347,000

Estimated Property Value

$274,000Estimated Mortgage Balance

$92,591Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,082 /month

Positive

Cash Flow Estimate:

$694 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$521/month

$1,600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,520

$323,852

2025

$103,150

$220,702

$323,852

Tax History

Year

Tax Paid

Assessed Value

2024

$4,520

$323,852

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amerisave Mortgage Corp

Conventional

$274,000

First

Jul 5, 2022

Aug 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$254,409

$91,591

26%

73%

$1,643/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,243/mo

$-1,521/mo

6.0%

Learn About the Market: Opportunity in Houston

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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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