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$220,000

NAL Estimated Property Value

5311 Village Springs Dr, Houston, TX, 77339

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.86 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Microwave, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size7,797 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1143850190033
Lot Number33
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 33 BLK 19 ELM GROVE VILLAGE SEC 2
Census Tract251402
Assessed Land Value$64,935
Assessed Improvement Value$150,065
Assessment Year2025

About this property

Welcome to the Elm Grove section of the master-planned community of Kingwood! This adorable home is perfect for first-time buyers or those looking to downsize. This charming home boasts a brand new roof, ensuring peace of mind and protection for years to come. Step inside to discover wood-looking tile throughout, providing a modern and low-maintenance flooring option. The updated kitchen is a culinary delight, featuring stainless steel appliances and elegant granite countertops that add a touch of sophistication. Both bathrooms have been tastefully updated with beautiful granite countertops, creating a luxurious and spa-like experience. Enjoy outdoor living on the covered back patio, perfect for relaxing or entertaining guests. The fully fenced backyard offers privacy and a safe space for children or pets to play. Don't miss the opportunity to be part of one of Houston's top master-planned communities. Act now and make this home yours!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$48,359Estimated Mortgage Balance
$171,641Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,059
$215,000
2025
$64,935
$150,065
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,059
$215,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$50,000
No
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,359
$169,641
77%
22%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,050/mo
+$1,020/mo
11.3%

City: Houston

5311 Village Springs Dr | Property Details | No Agent List