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$355,000

NAL Estimated Property Value

5514/5516 Deep Forest Drive, Houston, TX, 77092

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,215 Sq Ft
price_per_sqft$110.42 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Disposal, Microwave, Dishwasher

About this property

SMART BUYERS & INVESTORS WELCOME! VERY LOW TAX RATE WITH INCOME POTENTIAL JUST NORTH OF OAK FOREST! This income-producing duplex / multi-family property offers a prime opportunity for both seasoned investors and first-time buyers seeking rental property in Houston. Each spacious unit features 3 bedrooms, 2.5 baths, and approximately 1,607 SF of functional living space, ideal for tenant retention and consistent cash flow. One unit is currently leased, providing immediate rental income, while the other offers flexibility for owner-occupants or additional leasing potential. Live in one side as your primary residence while generating passive income from the other, or step into real estate investing and landlord ownership with confidence. The home has been updated over time, offering long-term investment potential. Located with easy access to Hwy 290, I-10, and 610. Great addition to your rental portfolio. Schedule your showing today.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$188/month
5.947%

City: Houston

5514/5516 Deep Forest Drive | Property Details | No Agent List