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$342,490

NAL Estimated Property Value

5118 Pine Reach Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,540 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$211.62 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Engineered Wood, Marble

Exterior

Exterior FeaturesBack Green Space, Side Yard
Lot Size1,411 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1402350010029
Lot Number29
Land UseResidential
Legal DescriptionLT 29 BLK 1 PINEMONT OAKS AMEND
Census Tract530900
Assessed Land Value$72,770
Assessed Improvement Value$269,720
Assessment Year2025

About this property

Introducing 5118 Pine Reach in Pinemont Oaks, a charming private community nestled within a secure gated environment conveniently located near the many restaurants and shops in the rapidly growing Oak Forest area. This recently built two-story home boasts 3 bedrooms, 2.5 bathrooms, a private turfed yard, and upscale finishes throughout. In this former model home, the spacious kitchen is outfitted with a gas range, elegant Carrara marble countertops, and a stylish glazed tile backsplash. The Primary Suite features an oversized frameless shower and large walk in closed with built in shelving. Two secondary bedrooms and a full bath are located on the first floor. Additionally, this home includes an easy-to-maintain epoxy garage floor, ensuring a blend of luxury and practicality. Welcome Home!

Investor Tools

Property Icon
$342,490
Estimated Property Value
$478,468Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,055 /month
Positive
Cash Flow Estimate:
$685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,091
$342,490
2025
$72,770
$269,720
$342,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,091
$342,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$330,315
No
First
Mar 18, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$478,468
N/A
0%
140%
$1,981/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,981/mo
$-2,259/mo
6.0%

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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5118 Pine Reach Dr | Property Details | No Agent List