NoAgentList RatingHow are grades calculated?

15Days on Market

1view

$145,000

5005 Georgi Lane 167, Houston, TX, 77092

On Market

2 Beds

3 Bath

1,460 Sq Ft

Condos / Townhouses

$99.32 / sqft

Built in 1974

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Dryer, Refrigerator, Washer, Dishwasher, Oven

FlooringConcrete, Tile

Building Information

Year Built1974

Stories2

Land Information

APN1092960000003

SubdivisionCovered Bridge Condo Ph 3

Land UseResidential

Legal DescriptionUNIT 167 BLDG T 2.391 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 3 AMEND

Census Tract531400

Assessed Land Value$32,094

Assessed Improvement Value$136,823

Assessment Year2025

About this property

You will love living in this quiet complex called Covered Bridge Condominiums! This 2 story unit is centrally located and backs up to one of the 2 complex pools. It features living and dining areas, nice kitchen with easy flow to dining room. Both bedrooms are upstairs and features good size closets and ensuite baths with tub/shower combo. Your half bath is downstairs for your guests to use. Parking is just to the right of your unit, each owner is assigned 1 covered parking space with lots of uncovered spaces for your guests. Central mail box. HOA fees include trash pick up outside your door 3 days a week, grounds upkeep, water/sewer bills and exterior maintenance of the buildings. Come by today and see what this unit and complex is all about!

Investor Tools

$0Estimated Mortgage Balance

$168,917Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,014 /month

Positive

Cash Flow Estimate:

$338 /month

Interested in this property?

Deborah Kotzur

RE/MAX Signature

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$368/month

$585/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,571

$168,917

2025

$32,094

$136,823

$168,917

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$3,571

$168,917

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$168,917

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$585/mo

+$722/mo

9.3%

Learn About the Market: Opportunity in Houston

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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.

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