Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days111Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,245

3942 W Alabama Street 5, Houston, TX, 77027

On MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths630 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.98 / sqft
Year BuiltBuilt in 1963

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringTile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1963
Stories1
Garage Spaces1

Land Information

APN1121460000005
SubdivisionForesters Pond Condo
Land UseResidential
Legal DescriptionUNIT 5 BLDG D 1/118 INT COMMON LAND & ELE FORESTERS POND CONDO
Census Tract411505
Assessed Land Value$27,047
Assessed Improvement Value$115,303
Assessment Year2025

About this property

Discover this charming first-floor residence in the highly sought-after Highland Village and River Oaks District area gated community. Featuring a private gated patio and spacious modern living. It’s like living in a tropical oasis in the middle of the city, nestled in a quiet neighborhood with working professionals. Enjoy a newly renovated kitchen, bathroom, and floors, plus lush resort-style landscaping and living with access to a sparkling pool and clubhouse year-round. With two walk-in closets, water, valet trash pickup, and landscaping included in rent, this home offers excellent value. The covered assigned parking spot inside the gated complex and ample street parking add to the ease. Walking distance to Central Market, Highland Village, and River Oaks District for top dining, shopping, and grocery spots. Short drive to the Galleria, Memorial Park, Medical Center, Museum District, and Downtown. Easy access to major highways

Interested in this property?

Will Puente

Savvy Way Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,127
$142,350
2025
$27,047
$115,303
$142,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,127
$142,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
N/A
$96,750
N/A
First
Jun 23, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,368
N/A
0%
104%
$1,162/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,162/mo
+$478/mo
13.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

3942 W Alabama Street 5 | Property Details | No Agent List