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$182,634

NAL Estimated Property Value

5515 Strack Rd Apt 119, Houston, TX, 77069

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,500 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$103.33 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN0440420040019
SubdivisionOaks Of Huntwick T/H U/R
Land UseResidential
Legal DescriptionUNIT 119 OAKS OF HUNTWICK T/H U/R ABST 618 B PAGE
Census Tract552902
Assessed Land Value$35,640
Assessed Improvement Value$146,994
Assessment Year2025

About this property

Prize to sell! Needs Work! This spacious unit offers over 1,500 square feet of comfortable living space with an open-concept layout, perfect for both relaxing and entertaining. Enjoy a bright living area with a cozy fireplace, a functional kitchen with ample cabinetry, and a private patio ideal for morning coffee or evening unwinding. Both bedrooms are generously sized with ensuite bathrooms, and there's an additional half bath for guests downstairs. The unit includes assigned covered parking and access to a quiet, beautifully landscaped complex. Conveniently located near major highways, shopping centers, and top-rated schools, this home combines comfort and convenience in one of Houston’s desirable areas.

Investor Tools

Property Icon
$182,634
Estimated Property Value
$131,173Estimated Mortgage Balance
$51,461Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,096 /month
Positive
Cash Flow Estimate:
$365 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,240
$182,634
2025
$35,640
$146,994
$182,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,240
$182,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$142,373
Yes
First
Feb 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,173
$51,461
28%
72%
$897/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,217/mo
+$223/mo
9.5%

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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5515 Strack Rd Apt 119 | Property Details | No Agent List