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$404,000

NAL Estimated Property Value

5 Bayou Pointe Dr, Houston, TX, 77063

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,392 Sq Ft
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1052670130006
Lot Number6
SubdivisionWoodlake Forest
Land UseResidential
Legal DescriptionLT 6 BLK 10 WOODLAKE FOREST SEC 3 R/P
Census Tract431002
Assessed Land Value$60,000
Assessed Improvement Value$231,946
Assessment Year2025

About this property

Slightly flooded before. Fantastic updated townhome with high ceilings. Exquisite block paneling, tile & hardwood floors. The versatile floorplan can be 3 bedrooms or 2 bedrooms with a study. Sunroom or garden sitting area expands master bedroom. Great location, close to Beltway 8, city center, and memorial mall.

Investor Tools

Property Icon
$404,000
Estimated Property Value
$223,242Estimated Mortgage Balance
$180,758Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,027
$291,946
2025
$60,000
$231,946
$291,946
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,027
$291,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Member Home Loan
Stand Alone First / Home Equity First Lien
$240,000
No
First
Aug 22, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,242
$166,758
42%
55%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$2,889/mo
$-909/mo
5.9%

Learn About the Market: Opportunity in Houston

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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

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