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$246,000

NAL Estimated Property Value

5615 Tidewater Dr, Houston, TX, 77085

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,527 Sq Ft
price_per_sqft$163.65 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,388 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1215780010023
Lot Number23
SubdivisionPost Oak Place
Land UseResidential
Legal DescriptionLT 23 BLK 1 POST OAK PLACE SEC 2
Census Tract330301
Assessed Land Value$42,446
Assessed Improvement Value$192,209
Assessment Year2025

About this property

Charming corner home, 2-story, 4 bed, 2.5 bath, conveniently located on S post oak just a few minutes away from 90. The kitchen has brand new appliances (stove, microwave, dishwasher), and granite countertops. The home has brand new carpet upstairs and tile throughout the first floor, fully fenced backyard, 2 car attached garage with lift, formal dining room, living room with a cozy fireplace. Master bedroom has a ceiling fan and shower/tub combo. Utility room is located on the 2nd floor with washer and dryer connections. Schedule your tour today! This gem won't last long.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$237,039Estimated Mortgage Balance
$8,961Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,910
$234,655
2025
$42,446
$192,209
$234,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,910
$234,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$244,489
Yes
First
Nov 22, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,039
$6,961
2%
96%
$1,518/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,518/mo
+$712/mo
10.9%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5615 Tidewater Dr | Property Details | No Agent List