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$220,000

5406 Forest Bridge Way, Houston, TX, 77066

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.48 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range
FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,199 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN1161730010016
Lot Number16
SubdivisionChampions Point Village
Land UseResidential
Legal DescriptionLT 16 BLK 1 CHAMPIONS POINT VILLAGE SEC 3
Census Tract551300
Assessed Land Value$31,248
Assessed Improvement Value$174,739
Assessment Year2025

About this property

Cozy Four(4) Bedrooms House, Two and Half (2 1/2) Baths, one living area with fireplace, Laminated floor in Living and Dining area, Carpet Stair way and Bedrooms. No back Neighbors. Make your appointment today. Acogedora casa de Cuatro Recamaras dos banos y medio, Sala en el primer piso con Chimenea, Piso laminado en Sala y comedor, Piso de Ceramica en los Banos, Cocina y Lavanderia. Alfombra en Escaleras y Recamaras, Recamara principal en el primer piso, Haga su cita hoy para ver esta casa.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$190,500Estimated Mortgage Balance
$43,120Estimated Equity
13% 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
$359/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,205
$205,987
2025
$31,248
$174,739
$205,987
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,205
$205,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pedro Slazar
Purchase Money Mortgage
$190,500
No
First
Jul 27, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,880
$46,120
20%
80%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,493/mo
+$957/mo
13.4%

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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5406 Forest Bridge Way | Property Details | No Agent List