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$166,000

NAL Estimated Property Value

5622 Allendale Rd, Houston, TX, 77017

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.96 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Exterior

Lot Size3,424 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN0772600080044
SubdivisionMeadow Creek Village
Land UseResidential
Legal DescriptionTR 1U BLK 8 MEADOW CREEK VILLAGE SEC 2 R/P
Census Tract321700
Assessed Land Value$33,199
Assessed Improvement Value$118,622
Assessment Year2025

About this property

Looking for that perfect place to call home or a great investment opportunity - then check out 5622 Allendale Rd. located in the beautiful community of Meadowcreek Village. This 2 bedroom 2 full bath patio home features vaulted ceilings and an open concept, fireplace, new windows, gutters, solar attic fan & attic cap installed in 2022. A new AC was installed in 2019. The property is being sold as is and has never flooded. Call to schedule your appointment, today!

Investor Tools

Property Icon
$166,000
Estimated Property Value
$103,863Estimated Mortgage Balance
$62,137Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$996 /month
Positive
Cash Flow Estimate:
$332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,947
$151,821
2025
$33,199
$118,622
$151,821
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,947
$151,821

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$108,800
No
First
Nov 8, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,863
$78,137
42%
63%
$653/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$653/mo
+$654/mo
9.4%

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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5622 Allendale Rd | Property Details | No Agent List