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Days1335Days on Market
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$1,950

5242 Greylog Dr, Houston, TX, 77048

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Electric Oven, Electric Range, Washer/Dryer Stacked, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size6,682 sqft

Building Information

Year Built1970
Stories1
Garage Spaces3

Land Information

APN0920240000011
Lot Number11,12
SubdivisionCrestmont Park
Land UseResidential
Legal DescriptionE 20.25 FT OF LT 11 & W 41.25 FT OF LT 12 BLK 17 CRESTMONT PARK SEC 2
Census Tract331700
Assessed Land Value$52,248
Assessed Improvement Value$86,752
Assessment Year2025

About this property

Welcome home to 5242 Greylog Drive! This charming, completely updated home offers 1,222 sq/ft of living space with 4 bedrooms, 2 bathrooms, brick exterior, and a large backyard! You'll love all the incredible features this home has to offer, including a spacious kitchen, gorgeous primary suite with en-suite bathroom, granite counter tops, island with additional storage, fully fenced backyard, back patio, and so much more! Crestmont Park is minutes from Hobby Airport and 288 - in an excellent location! Schedule your private showing today!

Investor Tools

Property Icon
$147,000
Estimated Property Value
$108,000Estimated Mortgage Balance
$47,267Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month

Interested in this property?

Tamara Mohl

Nan & Company Properties - Corporate Office (Heights)

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,418
$139,000
2025
$52,248
$86,752
$139,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,418
$139,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$108,000
No
First
Jun 21, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,097
$39,903
28%
68%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$648/mo
+$659/mo
10.7%

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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5242 Greylog Dr | Property Details | No Agent List