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$169,000

5005 Georgi Lane #92, Houston, TX, 77092

$206,622 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$118.68 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built1974
Stories1

Land Information

APN1061530010092
SubdivisionCovered Bridge Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 92 BLDG L .0096 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 1
Census Tract531400
Assessed Land Value$32,905
Assessed Improvement Value$140,277
Assessment Year2025

About this property

Welcome home to Covered Bridge Condos in the desirable Oak Forest West community! This inviting 3-bedroom, 2-bath condo offers a layout designed for comfortable living. One of the bedrooms has the flexibility to serve as a home office or other to fit your lifestyle. Unwind in the living area or retreat to the primary bedroom, both featuring French doors that open to your private patio. The kitchen has granite countertops and includes all existing appliances, making your move-in simple and convenient. An in-unit laundry with washer/dryer included adds to the home's functionality. Enjoy the beautifully maintained grounds and take advantage of the community amenities, including a pool and tennis courts. Conveniently located with quick access to Highway 290, you'll appreciate an easy commute and proximity to shopping, dining, and other everyday conveniences. Don’t miss the opportunity to make this wonderful home yours. Schedule your private tour today...and let's make it happen for you!

Investor Tools

Property Icon
$173,182
Estimated Property Value
$0Estimated Mortgage Balance
$173,182Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$206,622
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,039 /month
Positive
Cash Flow Estimate:
$346 /month

Interested in this property?

Guillermo Garza

CDW Group Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$95/month
$609/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$271
$173,182
2025
$32,905
$140,277
$173,182
No

Tax History

Year
Tax Paid
Assessed Value
2020
$271
$173,182

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,182
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$609/mo
+$1,113/mo
11.9%

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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