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$152,000

NAL Estimated Property Value

5005 Georgi Ln Apt 47, Houston, TX, 77092

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,298 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$103.62 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1974
Stories1

Land Information

APN1061530010047
SubdivisionCovered Bridge Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 47 BLDG G .0096 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 1
Census Tract531400
Assessed Land Value$26,998
Assessed Improvement Value$115,097
Assessment Year2025

About this property

Nice two bedroom two bath upstairs unit in quiet Georgi Lane community! This home backs up to a tributary of the White Oak Bayou so you do not have any back neighbors. You have nice views of the greenway from the kitchen , living room and the dining area! Plus the back patio/ balcony is very private, shaded and has a large storage area. The large primary bedroom has a full bath plus a walk-in closet. The spacious kitchen is open and features a lot of cabinet space. This home is in great condition. Move in as is or make some updates to your taste! Never flooded!

Investor Tools

Property Icon
$152,000
Estimated Property Value
$111,996Estimated Mortgage Balance
$40,004Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,446
$142,095
2025
$26,998
$115,097
$142,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,446
$142,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$106,280
No
First
Apr 6, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,996
$36,004
24%
74%
$728/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,028/mo
+$279/mo
10.3%

City: Houston

5005 Georgi Ln Apt 47 | Property Details | No Agent List