12Days on Market

1view

$292,000

5123 Redemption Circle, Houston, TX, 77018

On Market

Just Added

3 Beds

3 Bath

1,726 Sq Ft

Condos / Townhouses

$169.18 / sqft

Built in 2005

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size3,602 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1250100010031

Lot Number31

SubdivisionDominion Estates Amend

Land UseResidential

Legal DescriptionLT 31 BLK 1 DOMINION ESTATES SEC 2 AMEND

Census Tract530900

Assessed Land Value$103,500

Assessed Improvement Value$186,854

Assessment Year2025

About this property

ROOF REPLACED (2023) and WHOLE-HOME GENERATOR provide exceptional value and peace of mind in this lovely home. The open-concept floor plan features abundant natural light, a spacious family room, and a well-appointed kitchen with stainless steel refrigerator and range plus ample storage. The primary suite offers a walk-in closet and private bath with separate tub and shower, while two secondary bedrooms provide flexibility for family, guests, or a home office. An upstairs utility room, two-car garage, and generous backyard complete the home. Conveniently located with easy access to Downtown Houston, the Houston Medical Center, The Heights, Oak Forest, Garden Oaks, as well as nearby shopping and dining. All info per Seller.

Investor Tools

$321,000

Estimated Property Value

$0Estimated Mortgage Balance

$270,533Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,926 /month

Positive

Cash Flow Estimate:

$642 /month

Interested in this property?

Joel Wahl

Greenwood King Properties - Voss Office

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$144/month

$942/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$126

$290,354

2025

$103,500

$186,854

$290,354

Tax History

Year

Tax Paid

Assessed Value

2024

$126

$290,354

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Metmortgage Ltd

Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)

$108,500

First

Mar 15, 2006

Apr 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$50,467

$270,533

84%

16%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$942/mo

+$780/mo

6.4%

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