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$129,000

5005 Georgi Ln Apt 155, Houston, TX, 77092

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,298 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$99.38 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

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, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1974
Stories1

Land Information

APN1092950000002
SubdivisionCovered Bridge Condo Ph 3
Land UseResidential
Legal DescriptionUNIT 155 BLDG S 2.347 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 3 AMEND
Census Tract531400
Assessed Land Value$26,998
Assessed Improvement Value$115,097
Assessment Year2025

About this property

Located in the desirable Oak Forest area, this clean and well-maintained upstairs unit offers comfort and convenience. A large, open living area flows seamlessly into the kitchen, featuring abundant countertop and cabinet space—perfect for everyday living and entertaining. Two glass doors lead to a private balcony overlooking the pool, complete with a spacious storage closet. The generously sized primary bedroom includes a dedicated vanity area, a large walk-in closet, and a full ensuite bathroom. Additional features include walk-in closets, an indoor utility room with space for a full-size washer and dryer, and all appliances included for a truly move-in ready experience. Residents enjoy access to community amenities including two swimming pools, two tennis courts, and a clubhouse.

Investor Tools

$0Estimated Mortgage Balance
$153,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month

Interested in this property?

Kristi Kolmetz

Oaks Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$159
$142,095
2025
$26,998
$115,097
$142,095
No

Tax History

Year
Tax Paid
Assessed Value
2020
$159
$142,095

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,095
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$550/mo
+$757/mo
10.3%

City: Houston

5005 Georgi Ln Apt 155 | Property Details | No Agent List