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$289,000

NAL Estimated Property Value

5123 Sleepy Creek Dr, Houston, TX, 77017

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,455 Sq Ft
price_per_sqft$109.57 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,596 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0952500000023
Lot Number23
SubdivisionMeadowcreek Village
Land UseResidential
Legal DescriptionLT 23 BLK 51 MEADOWCREEK VILLAGE SEC 11
Census Tract320700
Assessed Land Value$58,500
Assessed Improvement Value$210,000
Assessment Year2025

About this property

Looking for a fixer-upper, flip, or investment property? 5123 Sleepy Creek is an incredible opportunity for any and all. Located near the end of a tree-lined cul-de-sac, this ranch-style home includes 4 bedrooms and 2.5 bathrooms across 2,455sqft. You'll appreciate the room flexibility and space to imagine in the common areas, as well as the wood-burning fireplace, spacious utility room, two-car garage, sizeable patio, and private driveway/backyard. The property is being sold as-is, where is.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$0Estimated Mortgage Balance
$289,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$951
$268,500
2025
$58,500
$210,000
$268,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$951
$268,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$284,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$50/mo
+$2,176/mo
9.2%

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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5123 Sleepy Creek Dr | Property Details | No Agent List