2view

Owner Contacts

$389,000

NAL Estimated Property Value

5242 Creekbend Dr, Houston, TX, 77096

Off Market

3 Beds

2 Bath

1,531 Sq Ft

$261.27 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Oven, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size8,281 sqft

Building Information

Year Built1955

Stories1

Garage Spaces2

Land Information

APN0840300000017

Lot Number17

SubdivisionWestbury

Land UseResidential

Legal DescriptionLT 17 BLK 27 WESTBURY SEC 2

Census Tract420700

Assessed Land Value$207,000

Assessed Improvement Value$156,163

Assessment Year2025

About this property

Welcome home to this charming 3-bedroom, 2-bath home nestled in the heart of Meyerland. Boasting 1,531 sqft of living space on an expansive 8,000+ sqft lot, this property offers a seamless blend of comfort and style. Step inside to discover hardwood floors and a modern open floor plan, perfect for both daily living and entertaining. The kitchen features sleek stainless steel appliances, updated designer color scheme, complementing the contemporary design. Your primary bedroom includes an ensuite bath and large walk-in closet. Outside, the sizable lot provides ample space for outdoor activities and so much more. Short drive to the medical center, the Galleria area, 610 and 59. This home combines convenience with suburban tranquility and is a must see! Schedule your showing today!

Investor Tools

$389,000

Estimated Property Value

$336,725Estimated Mortgage Balance

$52,275Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,400 /month

Positive

Cash Flow Estimate:

$800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$541/month

$385/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,544

$363,163

2025

$207,000

$156,163

$363,163

Tax History

Year

Tax Paid

Assessed Value

2024

$4,544

$363,163

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New American Funding

Conventional

$346,500

First

Oct 4, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$336,725

$53,275

13%

87%

$2,078/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,463/mo

$-741/mo

5.3%

Learn About the Market: Opportunity in Houston

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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.

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