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$295,000

5042 Chestnut Orchard Dr, Houston, TX, 77066

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.64 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size7,161 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1155540100006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 3 TRACES SEC 1 7TH PAR R/P
Census Tract550902
Assessed Land Value$48,562
Assessed Improvement Value$221,438
Assessment Year2025

About this property

Attention Buyers! Discover the allure of this exquisite Coventry Home, exuding elegance and charm. Boasting 3 bedrooms and 2 bathrooms, this residence showcases a plethora of top-tier builder upgrades and interior design elements. Prepare to be captivated by its seamless open-concept layout, fostering a spacious and inviting ambiance throughout. The primary bedroom offers the luxury of custom closets. Indulge in the delights of modern entertainment with the convenience of pre-wired surround sound, extending from the interior to the delightful patio area, already equipped with pre-plumbing for gas and water connections, allowing you to effortlessly design your dream outdoor sanctuary. Remarkably, this home boasts one of the largest lots on the street, providing abundant space for you to craft a personalized haven tailored to your desires. Unbeatable location, minutes away from shopping destinations such as Willowbrook Mall, Champions Village Shopping Center, and more.

Investor Tools

Property Icon
$295,000
Estimated Property Value
$290,638Estimated Mortgage Balance
$29,594Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,867
$270,000
2025
$48,562
$221,438
$270,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,867
$270,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmc Home Lending
Fha
$290,638
Yes
First
Oct 28, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,406
$36,594
12%
90%
$1,743/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,743/mo
+$707/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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5042 Chestnut Orchard Dr | Property Details | No Agent List