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$248,292

NAL Estimated Property Value

5118 Lawn Arbor Dr, Houston, TX, 77066

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,301 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.92 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,361 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN1043410000006
Lot Number6
SubdivisionGreenwood Forest
Land UseResidential
Legal DescriptionLT 6 BLK 20 017*G6652900-003-020-006 GREENWOOD FOREST SEC 3
Census Tract551201
Assessed Land Value$63,180
Assessed Improvement Value$185,112
Assessment Year2025

About this property

This investor special is brimming with potential, waiting for the right vision to transform it into a dream residence. While the property does require some rehabilitation, including updates to flooring, kitchen cabinets, appliances, and bathrooms, it offers a fantastic opportunity for those looking to invest in a property with great bones and ample space. With a little imagination and renovation, this home can be tailored to suit your style and needs. Whether you're an investor looking for your next project or a homeowner seeking a place to create lasting memories, this location provides the perfect backdrop for your vision. Don’t miss your chance to unlock the potential of 5118 Lawn Arbor!

Investor Tools

Property Icon
$248,292
Estimated Property Value
$0Estimated Mortgage Balance
$248,292Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,490 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,687
$248,292
2025
$63,180
$185,112
$248,292
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,687
$248,292

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,292
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$550/mo
+$1,350/mo
9.2%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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5118 Lawn Arbor Dr | Property Details | No Agent List