6view

Owner Contacts

$532,000

NAL Estimated Property Value

5622 Portal Dr, Houston, TX, 77096

Off Market

4 Beds

2 Bath

2,553 Sq Ft

$137.09 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher

FlooringCarpet, Tile

Exterior

Lot Size13,983 sqft

Building Information

Year Built1960

Stories1

Garage Spaces2

Land Information

APN0904210000012

Lot Number12

SubdivisionParkwest

Land UseResidential

Legal DescriptionLT 12 BLK 186 PARKWEST SEC 1

Census Tract422000

Assessed Land Value$275,820

Assessed Improvement Value$107,314

Assessment Year2025

About this property

Welcome to 5622 Portal Drive! This 4 bedroom, 2 bath home is situated on a huge corner lot with 13,985 sq ft and walking distance to the award winning Parker Elementary School. The expansive and spacious home also offers a unique floor plan with an air conditioned sunroom and office space attached to the garage. Be sure to take notice of the energy efficient SOLAR PANELS! Buyers will love the nice sized kitchen, large living space with tall ceilings and nice sized primary suite. In addition to the huge backyard, there is a covered patio with lots of room for entertaining. Close proximity to The Texas Medical Center, The Galleria and Downtown. Zoned to top schools like Parker and Meyerland Middle School. NEVER FLOODED PER SELLER! Don't miss this well-maintained home with a great floor plan! Please see the attached Structural Engineering Report.

Investor Tools

$532,000

Estimated Property Value

$188,347Estimated Mortgage Balance

$343,653Estimated Equity

66% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,192 /month

Positive

Cash Flow Estimate:

$1,064 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$617/month

$359/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,749

$383,134

2025

$275,820

$107,314

$383,134

Tax History

Year

Tax Paid

Assessed Value

2024

$4,749

$383,134

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$200,000

First

Mar 31, 2023

Apr 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$188,347

$371,653

66%

35%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,559/mo

+$163/mo

3.9%

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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