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A+
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$270,653

5120 Queen Ann Drive, Forest Hill, TX, 76119

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.39 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesPlumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,773 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN14390-21-10
Lot Number10
SubdivisionForest Wood Addition
Land UseResidential
Legal DescriptionFOREST WOOD ADDITION BLOCK 21 LOT 10
Census Tract111103
Assessed Land Value$26,325
Assessed Improvement Value$244,328
Assessment Year2025

About this property

Huge house with a big lot! Perfect for a big family or as an investment property !!! 1942 Sq. Ft. with 5 Bedrooms 2 Bathrooms!! This house is close to major freeways, AC is less than a year old, Roof is less than two years old, Foundation with transferable warranty, private metal fence. SALE AS IS!! No repairs will be made by the sellers, therefore price is as is.

Investor Tools

Property Icon
$270,653
Estimated Property Value
$0Estimated Mortgage Balance
$153,096Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,624 /month
Positive
Cash Flow Estimate:
$541 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,141
$270,653
2025
$26,325
$244,328
$270,653
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,141
$270,653

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$136,000
No
First
Jul 22, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,557
$153,096
56%
43%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$816/mo
+$1,111/mo
8.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Forest Hill

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5120 Queen Ann Drive | Property Details | No Agent List