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Owner Contacts

$650,000

5611 Olympiad Dr, Houston, TX, 77041

Off Market

4 Beds

4 Bath

3,463 Sq Ft

Single Family Residence

$197.78 / sqft

Built in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water

FlooringCarpet, Vinyl

Exterior

Private Pool

Lot Size10,350 sqft

Building Information

Year Built1994

Garage Spaces2

Land Information

APN1174970020043

Lot Number43

SubdivisionTwin Lakes

Land UseResidential

Legal DescriptionLT 43 BLK 2 TWIN LAKES SEC 4

Census Tract540700

Assessed Land Value$129,789

Assessed Improvement Value$445,466

Assessment Year2025

About this property

Discover an exquisite retreat, where elegance meets comfort. This stunning residence boasts a spacious layout adorned with modern finishes and timeless charm. The gourmet kitchen, outfitted with premium appliances, seamlessly flows into inviting living spaces, perfect for entertaining or relaxing. Step outside to a private oasis featuring a sparkling pool, surrounded by lush landscaping and a serene ambiance. Generously sized bedrooms and luxurious bathrooms offer the ultimate in comfort, while thoughtful design details elevate every corner. Located in a vibrant, desirable neighborhood, this home promises a lifestyle of sophistication and tranquility. Your dream home awaits!

Investor Tools

$650,000

Estimated Property Value

$0Estimated Mortgage Balance

$650,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,109 /month

Positive

Cash Flow Estimate:

$1,370 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$613/month

$2,065/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,102

$575,255

2025

$129,789

$445,466

$575,255

Tax History

Year

Tax Paid

Assessed Value

2024

$4,102

$575,255

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$644,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,910/mo

$2,065/mo

+$845/mo

5.4%

Learn About the Market: Opportunity in Houston

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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.

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