$185,000
5515 Strack Road 122, Houston, TX, 77069
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Convection Oven, Electric Oven, Electric Cooktop, Refrigerator, Dishwasher
FlooringLaminate, Tile, Wood
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1984
Stories2
Garage Spaces1
Land Information
APN0440420040022
SubdivisionOaks Of Huntwick T/H U/R
Land UseResidential
Legal DescriptionUNIT 122 OAKS OF HUNTWICK T/H U/R ABST 618 B PAGE
Census Tract552902
Assessed Land Value$35,640
Assessed Improvement Value$156,791
Assessment Year2025
About this property
Recently updated townhome in the desirable Champion Forest area. Features include granite countertops, vinyl wood flooring, and an open living layout. Primary bedroom offers a private balcony with pool and tennis court views. Easy access to community amenities and conveniently located near shopping, dining, and major routes.
Investor Tools
$133,824Estimated Mortgage Balance
$58,607Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,155 /month
Positive
Cash Flow Estimate:
$385 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
$348/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,388
$192,431
2025
$35,640
$156,791
$192,431
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,388
$192,431
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$135,000
No
First
Dec 3, 2025
Jan 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,824
$58,607
30%
70%
$810/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,158/mo
+$282/mo
9.0%
