$236,000
NAL Estimated Property Value5623 That Way, Houston, TX, 77339
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesMicrowave, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size6,438 sqft
Building Information
Year Built2013
Garage Spaces2
Land Information
APN1228390020011
Lot Number11
SubdivisionNorth Kingwood Forest
Land UseResidential
Legal DescriptionLT 11 BLK 2 NORTH KINGWOOD FOREST
Census Tract251401
Assessed Land Value$63,140
Assessed Improvement Value$170,167
Assessment Year2025
About this property
Lovely updated one story home on quite lot in North Kingwood Forest, Great Starter home or for Residential Investment. Modern wood like tile floors. Enjoy the open living spaces, walk in Master shower and walk in closet. Home did not flood Built in 2013 with 1,643 SF,3 Bedroom, 2 Full Baths Spacious back yard with large covered patio great for entertaining and relaxing, Kingwood Schools (Elm Grove Elem, Kingwood Middle, Kingwood Park High), Near Bush Airport with easy access to US 59and the Grand Parkway
Investor Tools
$236,000
Estimated Property Value
$537,046,121Estimated Mortgage Balance
$236,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
$375/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,905
$233,307
2025
$63,140
$170,167
$233,307
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,905
$233,307
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Mortgage Capital Holdings
Commercial
$582,638,000
No
First
Mar 23, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$537,046,121
N/A
0%
227562%
$3,493,210/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$3,493,585/mo
$-3,491,515/mo
10.5%
