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$189,000

5515 Strack Road 115, Houston, TX, 77069

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,500 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$126 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFreestanding Oven, Microwave, Electric Cooktop, Dryer, Washer, Dishwasher

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN0440420040015
SubdivisionOaks Of Huntwick T/H U/R
Land UseResidential
Legal DescriptionUNIT 115 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

Great rental investment property in a great location

Investor Tools

$123,172Estimated Mortgage Balance
$62,828Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

Interested in this property?

Alejandra Bustamante

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
$298/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,471
$182,634
2025
$35,640
$146,994
$182,634
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,471
$182,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rex L Kesler Etal
Assumption
$125,000
Yes
First
Jul 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,172
$62,828
33%
66%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$1,048/mo
+$852/mo
12.3%

City: Houston

5515 Strack Road 115 | Property Details | No Agent List