B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$406,000

NAL Estimated Property Value

5105 Chapel Heights Drive, Houston, TX, 77018

Off Market

3 Beds

3 Bath

1,835 Sq Ft

Condos / Townhouses

$163.49 / sqft

Built in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Refrigerator, Dishwasher, Washer/Dryer, Oven

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,226 sqft

Building Information

Year Built2020

Garage Spaces1

Land Information

APN1394070010004

Lot Number4

Land UseResidential

Legal DescriptionLT 4 BLK 1 CHAPEL HEIGHTS

Census Tract530900

Assessed Land Value$114,540

Assessed Improvement Value$244,822

Assessment Year2025

About this property

The bright two-story Bagby floor plan by Lennar features a welcoming entry foyer opening up to a lovely kitchen, family room, and casual dining room. Also on the first floor, a handy mud room is located just off of the two-car garage, and adjoins a convenient powder bathroom with extra storage space. The second floor features a spacious master bedroom and bathroom that includes a large master closet. The second floor also includes a secondary bedroom with a walk-in closet, loft space, and large game room area. Enjoy backyard green space, driveway, and gated community. This home is a Wi-Fi CERTIFIED smart home and includes Ring doorbell, keyless door entry, and appliance package. Easy freeway access and minutes away from all Oak Forest, Garden Oaks, and the Heights have to offer.

Investor Tools

$406,000

Estimated Property Value

$263,292Estimated Mortgage Balance

$142,708Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,436 /month

Positive

Cash Flow Estimate:

$812 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$627/month

$2,100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,497

$359,362

2025

$114,540

$244,822

$359,362

Tax History

Year

Tax Paid

Assessed Value

2024

$5,497

$359,362

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Eagle Home Mortgage Llc

Fha

$294,565

Yes

First

Nov 20, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$263,292

$142,708

35%

65%

$1,767/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,867/mo

$-2,145/mo

5.1%

Learn About the Market: Opportunity in Houston

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