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$4,800

5522 Olympiad Dr, Houston, TX, 77041

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size9,601 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1174970030028
Lot Number28
SubdivisionTwin Lakes
Land UseResidential
Legal DescriptionLT 28 BLK 3 TWIN LAKES SEC 4
Census Tract540700
Assessed Land Value$128,045
Assessed Improvement Value$468,504
Assessment Year2025

About this property

Experience upscale living in one of Houston's premier gated communities. This beautifully renovated, freshly painted move-in-ready home offers comfort, style, and convenience for executives, relocating professionals, and families.Featuring 4 bedrooms, 2.5 baths, no carpet throughout, the home boasts a stunning contemporary kitchen, a first-floor primary suite, an upstairs game room, three secondary bedrooms, and a rare 3-car garage.Refrigerator, washer,dryer are included.Enjoy your private backyard with a sparkling pool, removable safety fence upon request, and a gated driveway for added privacy.Ideally located near the Energy Corridor, major employers, shopping, dining, and highways. Private bus service is available for Awty International School,(BISH), and The Village School.Located in the sought-after Twin Lakes community with lakes, walking trails, tennis courts, parks, and gated access, this exceptional lease offers luxury, convenience, and an outstanding West Houston lifestyle.

Investor Tools

$337,797Estimated Mortgage Balance
$295,953Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,798 /month
Positive
Cash Flow Estimate:
$1,266 /month

Interested in this property?

Martine Nerrant

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,578
$596,549
2025
$128,045
$468,504
$596,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,578
$596,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$191,100
No
First
Sep 19, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,797
$308,203
47%
53%
$2,358/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$2,358/mo
+$552/mo
5.5%

City: Houston