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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$217.47 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

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
$304,468Estimated Mortgage Balance
$38,022Estimated Equity
11% 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
$304,468
$38,022
11%
89%
$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