$388,346
NAL Estimated Property Value5319 Donovan Gardens Ln, Houston, TX, 77091
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringConcrete, Tile, Wood
Exterior
Exterior FeaturesBalcony
Lot Size1,982 sqft
Building Information
Year Built2023
Garage Spaces1
Land Information
APN1418460010012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 1 DONOVAN GARDENS
Census Tract530600
Assessed Land Value$106,490
Assessed Improvement Value$281,856
Assessment Year2025
About this property
Welcome to Oracle City Homes’ newest development, Donovan Heights. This 42 unit community is located in the revitalized neighborhood of Independence Heights. Donovan Heights has the solution to the 2 most commons issues with city living. Guest parking and yard space! Each unit includes a private drive way for your Texas sized truck or guests, and a 27x20 foot backyard. The free standing homes offer 3 beds, 3/1 baths, and a balcony. Oracle City Homes has perfected the open concept floor plan and it shows at Donovan Heights.
Investor Tools
$388,346
Estimated Property Value
$350,688Estimated Mortgage Balance
$37,658Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,330 /month
Positive
Cash Flow Estimate:
$777 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
$1,800/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,031
$388,346
2025
$106,490
$281,856
$388,346
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,031
$388,346
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$368,590
No
First
Sep 19, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,688
$37,658
9%
90%
$2,210/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,010/mo
$-2,288/mo
5.3%
