NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$153,000

NAL Estimated Property Value

5005 Georgi Ln Apt 93, Houston, TX, 77092

Off Market

3 Beds

2 Bath

1,424 Sq Ft

Condos / Townhouses

$1.23 / sqft

Built in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Oven, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Oven

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1974

Stories1

Land Information

APN1061530010093

SubdivisionCovered Bridge Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 93 BLDG L .0096 INT COMMON LAND & ELE COVERED BRIDGE CONDO PH 1

Census Tract531400

Assessed Land Value$28,517

Assessed Improvement Value$121,574

Assessment Year2025

About this property

This upstairs 3 bedroom, 2 bath unit is located in the quiet Covered Bridge Condo complex. Unique floor plan makes for easy entertaining! Pass thru from kitchen to living area. Lamenant flooring and carpet. Stainless steel appliances in kitchen that will stay with the lease. This complex also features 1 covered parking space per unit and lots of uncovered spaces for your guests. Amenities include Trash pick up 3 days a week, central mailbox and 2 complex pools. Easy access to major freeways, restaurants and shopping! Complex is located across the street from St. Ambrose Catholic Church and School (K-8) and walking distance to HISD High School and elementary. Call today as this one will not last long!

Investor Tools

$153,000

Estimated Property Value

$37,618Estimated Mortgage Balance

$115,382Estimated Equity

76% 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?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$207/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,724

$150,091

2025

$28,517

$121,574

$150,091

Tax History

Year

Tax Paid

Assessed Value

2024

$1,724

$150,091

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

1st Alliance Mortgage Llc

Conventional

$59,500

First

Dec 13, 2010

Jan 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$37,618

$122,382

76%

25%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

13.5%

Learn About the Market: Opportunity in Houston

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 This Area