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$290,000

NAL Estimated Property Value

5502 Village Springs Dr, Houston, TX, 77339

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.9 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator, Dishwasher

Exterior

Lot Size8,499 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN1143850240001
Lot Number1
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 1 BLK 24 ELM GROVE VILLAGE SEC 2
Census Tract251402
Assessed Land Value$65,565
Assessed Improvement Value$209,006
Assessment Year2025

About this property

You'll feel right at home in this beautiful rental home in Kingwood, TX! The open floor plan boasts gorgeous wood flooring and a vaulted great room with a fireplace. The eat-in kitchen includes a pantry and a dining area. All bedrooms are generously sized and the master bedroom boasts a walk-in closet and a private bath with dual sinks, a jetted tub and a walk-in shower. Relax in the private park-like backyard with your morning cup of coffee.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$0Estimated Mortgage Balance
$290,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,270
$274,571
2025
$65,565
$209,006
$274,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,270
$274,571

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$291,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
N/A
+$2,070/mo
8.6%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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5502 Village Springs Dr | Property Details | No Agent List