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$241,000

NAL Estimated Property Value

5011 Olana Dr, Houston, TX, 77032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,525 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.31 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Range, Dishwasher, Refrigerator
FlooringVinyl

Exterior

Lot Size6,821 sqft

Building Information

Year Built1970
Stories1
Garage Spaces1

Land Information

APN1002050000048
Lot Number48
SubdivisionSequoia Estates
Land UseResidential
Legal DescriptionLT 48 BLK 8 SEQUOIA ESTATES SEC 2
Census Tract223100
Assessed Land Value$36,421
Assessed Improvement Value$190,848
Assessment Year2025

About this property

Welcome to this beautiful newly remodeled 3 bedrooms and 2 bathrooms home. This house features luxury vinyl floors throughout, granite countertops in the kitchen, brand new gas stove, new dishwasher, wall mounted range hood vent and a new refrigerator. Soft closing kitchen cabinets throughout. New 30 year roof installed December 2022. New HVAC system. Serviced water heater. New Electric box. Pending sod installation due to weather. This home also features a huge family room where you can entertain all your family and friends. It is the perfect starter home. Located within minutes of Hwy 59 and Beltway 8. Don't wait!! Call today for your private tour!

Investor Tools

Property Icon
$241,000
Estimated Property Value
$204,132Estimated Mortgage Balance
$36,868Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,113
$227,269
2025
$36,421
$190,848
$227,269
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,113
$227,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$216,015
Yes
First
May 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,132
$23,137
10%
85%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,296/mo
+$426/mo
8.6%

City: Houston

5011 Olana Dr | Property Details | No Agent List