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$317,066

5447 Fern Park Dr, Houston, TX, 77339

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,558 sqft

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APN1152830280002
Lot Number2
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 2 BLK 28 ELM GROVE VILLAGE SEC 3
Census Tract251401
Assessed Land Value$64,719
Assessed Improvement Value$252,347
Assessment Year2025

About this property

Come enjoy the Livable Forest with this updated rental home in the heart of Kingwood. This gated driveway home welcomes you. The kitchen boasts of beautiful granite counter tops, island with cooktop, and plenty of storage. The primary bedroom has a wonderfully large walk in shower as well as unique cabinetry to serve as your closet. Spend time outside on the covered patio with fans. The finished garage has floor mats and a large work table that will stay with the home. Make an appointment today to lease this home and become part of the Kingwood lifestyle.

Investor Tools

Property Icon
$317,066
Estimated Property Value
$203,398Estimated Mortgage Balance
$132,385Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,003
$317,066
2025
$64,719
$252,347
$317,066
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,003
$317,066

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$203,398
Yes
First
Jul 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,681
$132,385
41%
58%
$1,220/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,220/mo
+$850/mo
7.8%

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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5447 Fern Park Dr | Property Details | No Agent List