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$465,000

5623 Theall Rd, Houston, TX, 77066

$525,437 ARVInfo
On MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,085 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.45 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringMarble, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size23,400 sqft

Building Information

Year Built1970
Stories2
Garage Spaces3

Land Information

APN1044390000001
Lot Number1,2
SubdivisionGreenwood Forest
Land UseResidential
Legal DescriptionLTS 1 & 2 & TR 3B BLK 30 017*G6652900-005-030-001 -003A GREENWOOD FOREST SEC 5
Census Tract551202
Assessed Land Value$129,519
Assessed Improvement Value$560,048
Assessment Year2025

About this property

Spacious REO—Welcome to this 6-bedroom, 4.5-bath corner-lot home in the Greenwood Forest Subdivision. Enjoy resort-style living with your private pool, perfect for relaxing or entertaining year-round. The spacious floor plan offers six well-sized bedrooms, multiple bathrooms, and plenty of room for family gatherings and everyday comfort. This home also features a 3-car garage and a prime corner location for added curb appeal. Inside, you’ll find interior highlights like a curved staircase, large windows that bring in abundant natural light, and an updated kitchen. The downstairs primary suite includes double sinks, a freestanding tub, a separate shower, and a large walk-in closet. REO property sold AS IS, WHERE IS. Buyer to independently verify all room dimensions, schools, HOA information, and property condition. Great opportunity with tons of potential—schedule your showing today!

Investor Tools

Property Icon
$728,000
Estimated Property Value
$715,000Estimated Mortgage Balance
$30,988Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$525,436
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

Interested in this property?

John Williams

Real Estate Options of Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,202/month
$1,493/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,779
$689,567
2025
$129,519
$560,048
$689,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,779
$689,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Conventional
$715,000
No
First
Feb 26, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$697,012
$30,988
4%
96%
$4,287/mo

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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5623 Theall Rd | Property Details | No Agent List