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$257,000

NAL Estimated Property Value

5502 Hickory Forest Dr, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.85 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,826 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1123130000044
Lot Number44
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 44 BLK 4 017*I5645955-004-004-044 INWOOD NORTH SEC 4
Census Tract532900
Assessed Land Value$58,065
Assessed Improvement Value$194,086
Assessment Year2025

About this property

2017 Hurricane Harvey did not flood the property! THIS HOME FEATURES MODERN UPDATE WITH AN OPEN FLOOR PLAN AND HIGH CEILING. KITCHEN IS HIGHLIGHT WITH NEW GRANITE COUNTERTOPS, BACKSPLASH, NEW FIXTURES & APPLIANCES. TILES IN WET AREAS AND LAMINATE THRU OUT HOUSE. PRIMARY BATH W/ NEW STANDING SHOWER, NEW VANITY, & FIXTURES. NEW FANS THRU-OUT, NEW AC SYSTEMS & DUCTS, AND NEW WATER HEATER. EXTRA ROOM CAN BE YOUR MAN CAVE, A BAR, DANCE SPACE, OR WORK SPACE. NEW SODS/GRASS FRONT AND BACK. DONT WAIT! THIS CAN BE YOUR DREAM HOME!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$221,890Estimated Mortgage Balance
$35,110Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,247
$252,151
2025
$58,065
$194,086
$252,151
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,247
$252,151

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$242,526
Yes
First
Nov 1, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,890
$36,110
13%
86%
$1,455/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,805/mo
$-83/mo
8.0%

City: Houston

5502 Hickory Forest Dr | Property Details | No Agent List