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$342,000

NAL Estimated Property Value

5306 Lookout Mountain Dr, Houston, TX, 77069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.05 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

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 Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size9,601 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN1013740000022
Lot Number22
SubdivisionHuntwick Forest
Land UseResidential
Legal DescriptionLT 22 BLK 2 HUNTWICK FOREST SEC 1 R/P
Census Tract552902
Assessed Land Value$94,176
Assessed Improvement Value$209,599
Assessment Year2025

About this property

NO FLOODING! TENANT OCCUPIED UNTIL JULY 1st. PLEASE, DO NOT DISTURB TENANT. Perfect for buyer willing to wait to move until summer, and earn rent in the meantime! Ask your Realtor about FHA, VA and Conventional rules regarding occupancy. Have rental agreement and history if needed. Recently remodeled home in the heart of Champions! Stainless steel appliances, granite counter tops, custom cabinetry, ceramic tile in the baths, vaulted living room ceiling, hardwood flooring and tile, recent light fixtures and plumbing fixtures. Private gated courtyard and gated driveway. Cy Fair ISD, LOW HOA AND TAXES!!!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$216,319Estimated Mortgage Balance
$125,681Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,568
$303,775
2025
$94,176
$209,599
$303,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,568
$303,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$176,250
No
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,319
$87,681
28%
63%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$1,527/mo
+$373/mo
6.7%

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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5306 Lookout Mountain Dr | Property Details | No Agent List