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$157,000

NAL Estimated Property Value

5005 Georgi Ln Apt 199, Houston, TX, 77092

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,460 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.92 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1974
Stories2

Land Information

APN1096620000005
SubdivisionCovered Bridge Condo Ph 4
Land UseResidential
Legal DescriptionUNIT 199 BLDG W 2.4288 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 4 AMEND
Census Tract531400
Assessed Land Value$28,171
Assessed Improvement Value$120,095
Assessment Year2025

About this property

This unit backs up to green space and has been very well kept! Fresh paint thru out! Both bedrooms are nice size and are located upstairs. Living are downstairs is spacious and flows well. Good size kitchen for the cook in the family! Assigned Covered Parking space is located close by the front door. Lots of uncovered spaces for your guests! Walk across the parking lot to one of the two complex pools. Central mailbox. Quiet complex! You'll love living here!

Investor Tools

Property Icon
$157,000
Estimated Property Value
$75,855Estimated Mortgage Balance
$81,145Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$942 /month
Positive
Cash Flow Estimate:
$314 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,195
$148,266
2025
$28,171
$120,095
$148,266
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,195
$148,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$87,375
No
First
Sep 17, 2019
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,855
$83,145
52%
48%
$524/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$524/mo
+$783/mo
10.0%

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 199 | Property Details | No Agent List