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$158,000

NAL Estimated Property Value

5005 Georgi Ln Apt 145, Houston, TX, 77092

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,460 Sq Ft
ApartmentApartment
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 1974

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1974

Land Information

APN1092940000003
SubdivisionCovered Bridge Condo Ph 3
Land UseResidential
Legal DescriptionUNIT 145 BLDG R 2.391 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 3 AMEND
Census Tract531400
Assessed Land Value$27,815
Assessed Improvement Value$118,580
Assessment Year2025

About this property

Beautifully cared for unit featuring both bedrooms up with 2 full baths and nice closet space. All living area is down, nice closet space and extra storage under the stair way. All appliances stay including washer and dryer which are upstairs. Water and sewer, trash pick up 3 times a week are included in the monthly rental. Complex also features a central mailbox. Great location and easy access to freeways, shopping and schools. Walking distance to St. Ambrose Catholic Church and School (K-8) and HISD Elementary and High School! PROFESSIONAL PICTURES COMING SOON!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$108,671Estimated Mortgage Balance
$49,329Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,155
$146,395
2025
$27,815
$118,580
$146,395
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,155
$146,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$116,000
No
First
Dec 19, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,671
$49,329
31%
69%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$696/mo
+$611/mo
9.9%

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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5005 Georgi Ln Apt 145 | Property Details | No Agent List