B+

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Owner Contacts

$379,000

NAL Estimated Property Value

5107 Chapel Heights Drive, Houston, TX, 77018

Off Market

3 Beds

3 Bath

1,737 Sq Ft

Condos / Townhouses

$172.71 / 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

APN1394070010003

Lot Number3

Land UseResidential

Legal DescriptionLT 3 BLK 1 CHAPEL HEIGHTS

Census Tract530900

Assessed Land Value$114,540

Assessed Improvement Value$242,083

Assessment Year2025

About this property

OCTOBER MOVE IN. The beautiful two-story Patton floor plan by Lennar features a welcoming entry foyer opening to a lovely family room, kitchen and casual dining room. Also on the first floor has a convenient powder bathroom and just off the kitchen and steps from the garage entrance is a walk-in pantry. The second floor features a spacious master bedroom with an en-suite master bathroom that includes a large master closet. The second floor also features two secondary bedrooms with walk-in closets and a loft space. The utility room is conveniently located on the second floor. 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

$379,000

Estimated Property Value

$258,554Estimated Mortgage Balance

$120,446Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,274 /month

Positive

Cash Flow Estimate:

$758 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$612/month

$2,100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,447

$356,623

2025

$114,540

$242,083

$356,623

Tax History

Year

Tax Paid

Assessed Value

2024

$5,447

$356,623

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Academy Mortgage Corp

Fha

$289,264

Yes

First

Nov 10, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$258,554

$120,446

31%

68%

$1,735/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,835/mo

$-2,113/mo

5.5%

Learn About the Market: Opportunity in Houston

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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.

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