$309,000
5519 Cheshire Ln, Houston, TX, 77092
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size9,453 sqft
Building Information
Year Built1963
Stories1
Garage Spaces4
Land Information
APN0852250000005
Lot Number5
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 5 BLK 19 OAK FOREST SEC 17 R/P
Census Tract531400
Assessed Land Value$208,150
Assessed Improvement Value$90,624
Assessment Year2025
About this property
Come see this charming home located in the highly sought-after Oak Forest neighborhood. Featuring 3 bedrooms and 1 bathroom, this property offers cozy living with plenty of character. The spacious and beautifully maintained backyard is perfect for outdoor enjoyment. With a 2-car garage and an additional carport, there’s ample parking and storage space. Don’t miss your chance—schedule your appointment today!
Investor Tools
$27,443Estimated Mortgage Balance
$305,322Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$115
$298,774
2025
$208,150
$90,624
$298,774
No
Tax History
Year
Tax Paid
Assessed Value
2024
$115
$298,774
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Universal Mortgage Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$59,000
No
First
Mar 30, 2006
Apr 2021
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,443
$318,557
92%
8%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
6.2%
