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Owner Contacts

$282,682

NAL Estimated Property Value

5336 Brownway Street, Houston, TX, 77056

Off Market

2 Beds

3 Bath

1,432 Sq Ft

$200.42 / sqft

Built in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Laminate, Tile

Building Information

Year Built1977

Stories2

Garage Spaces1

Land Information

APN1149670020008

SubdivisionNine Oaks Condo 1st Amend

Land UseResidential

Legal DescriptionUNIT B20 BLDG B .020614 INT COMMON LAND & ELE NINE OAKS CONDO 1ST AMEND

Census Tract431801

Assessed Land Value$53,710

Assessed Improvement Value$228,972

Assessment Year2025

About this property

Wonderful updated 2 story condo in charming gated community steps away from the Galleria! Private 2 car attached garage! Fresh white paint throughout & carpet replaced (both April 2022). Living/Dining combo features laminate wood floors, exposed beams ceiling, fireplace & large sliding glass doors leading to private patio. Kitchen boasts nice white cabinetry, SS appliances & recent (April 2022) quartz countertops, backsplash, SS undermount sink, plumbing fixture & more! Both bedrooms are generous sized with ample storage! Primary Bedroom has study/office area with built-in desk & bookshelves! Primary Bath with double sinks and oversized walk-in shower. Secondary bath with tub/shower combo & new tile floors (April 2022). Amazing location walkable to restaurants, shopping & more! Refrig, washer, & dryer included. Reasonable HOA fee includes exterior maintenance & roof (not foundation), grounds, limited access gates, pool, common areas, water, sewer & trash. No AirBNB rentals allowed!

Investor Tools

$282,682

Estimated Property Value

$213,169Estimated Mortgage Balance

$69,513Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,722 /month

Positive

Cash Flow Estimate:

$574 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$619/month

$427/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,016

$282,682

2025

$53,710

$228,972

$282,682

Tax History

Year

Tax Paid

Assessed Value

2024

$6,016

$282,682

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$230,000

First

Jun 21, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$213,169

$69,513

24%

75%

$1,379/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,806/mo

+$154/mo

8.3%

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