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$104,900

5230 Greylog Dr, Houston, TX, 77048

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,036 Sq Ft
price_per_sqft$101.25 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,682 sqft

Building Information

Year Built1970
Stories1
Garage Spaces1

Land Information

APN0920240000008
Lot Number8,9
SubdivisionCrestmont Park
Land UseResidential
Legal DescriptionE 30.75 FT OF LT 8 & W 30.75 FT OF LT 9 BLK 17 CRESTMONT PARK SEC 2
Census Tract331700
Assessed Land Value$52,248
Assessed Improvement Value$99,139
Assessment Year2025

About this property

Investor special! Opportunity awaits at 5230 Greylog. This property offers a chance to renovate, update, and add value. The home requires repairs and improvements and is being sold as-is, making it an excellent option for investors, flippers, or buyers looking to customize a home to their own vision. Conveniently located with strong potential, this property is ready for its next chapter. Bring your contractor and imagination—don't miss this value-add opportunity.

Investor Tools

$82,376Estimated Mortgage Balance
$69,011Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$908 /month
Positive
Cash Flow Estimate:
$303 /month

Interested in this property?

Joel Rankin

J.D. Rankin and Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,599
$151,387
2025
$52,248
$99,139
$151,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,599
$151,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Commercial
$89,700
No
First
Feb 4, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,376
$69,011
45%
54%
$538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$538/mo
+$1,184/mo
13.6%

City: Houston

5230 Greylog Dr | Property Details | No Agent List