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$589,900

5136 Chevy Chase Dr, Houston, TX, 77056

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,355 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$250.49 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size2,975 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1187580010008
SubdivisionChevy Chase
Land UseResidential
Legal DescriptionTR 3A BLK 1 CHEVY CHASE
Census Tract431803
Assessed Land Value$196,350
Assessed Improvement Value$377,453
Assessment Year2025

About this property

Discover this charming brick townhouse nestled on a picturesque, tree-lined street in Houston’s coveted Galleria/Uptown district. Boasting rich wood flooring throughout and a cozy gas fireplace, the spacious living area seamlessly connects to a functional kitchen with ample storage and workspace. A dedicated wine room off the dining area adds a touch of elegance. Upstairs, the primary and secondary bedroom features recently updated bathrooms and generous walk-in closets. A hidden door reveals the versatile third floor, perfect as a third bedroom, game room, playroom, or home office. With elevator capabilities, enjoy unparalleled access to premier shopping, dining, and entertainment, including The Galleria mall.

Investor Tools

$464,695Estimated Mortgage Balance
$125,305Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,890
$573,803
2025
$196,350
$377,453
$573,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,890
$573,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Fha
$480,470
Yes
First
Sep 20, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,695
$125,305
21%
79%
$2,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$5,381/mo
$-3,421/mo
4.0%

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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5136 Chevy Chase Dr | Property Details | No Agent List