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$346,000

5206 Lodge Creek Dr, Houston, TX, 77066

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.98 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size9,479 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1043420000024
Lot Number24
SubdivisionGreenwood Forest
Land UseResidential
Legal DescriptionLT 24 BLK 21 017*G6652900-003-021-024 GREENWOOD FOREST SEC 3
Census Tract551201
Assessed Land Value$56,933
Assessed Improvement Value$199,113
Assessment Year2025

About this property

WELCOME TO YOUR MODERN HOME WITH TRADITIONAL CHARM! A 2024 ROOF, NEW FLOORING, UPDATED PAINT, SPECTACULAR KITCHEN AND A BEAUTIFUL POOL TO KEEP YOU COOL ALL YEAR ROUND! This home underwent some big renovations from 2023-2024. Updates include: electrical, PLEX plumbing, vinyl plank flooring, a modernized kitchen and a spa-like primary bathroom. New light fixtures throughout entire home. Upon entering the formal dining room and second living room provide ample space for your family holidays. Further into the home, the kitchen opens up to a second living room making cooking and hosting a breeze. Enjoy your extra large covered patio after taking a dip in your pristine pool and hot tub! Schedule your showing today!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$298,493Estimated Mortgage Balance
$21,582Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,905
$256,046
2025
$56,933
$199,113
$256,046
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,905
$256,046

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$298,493
Yes
First
Nov 17, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,418
$21,582
6%
94%
$2,070/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$2,070/mo
+$380/mo
8.5%

Learn About the Market: Opportunity in Houston

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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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5206 Lodge Creek Dr | Property Details | No Agent List