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$197,000

NAL Estimated Property Value

5635 Elm Springs Drive, Houston, TX, 77048

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.73 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyPre-ForeclosureHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,752 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0913820000020
Lot Number20
SubdivisionCrestmont Park
Land UseResidential
Legal DescriptionLT 20 BLK 98 CRESTMONT PARK SEC 1
Census Tract331700
Assessed Land Value$54,630
Assessed Improvement Value$112,677
Assessment Year2025

About this property

Amazing contemporary remodel. Come see this Tranquil and beautiful home. Immaculate remodel includes all new kitchen with quartz counters and new stainless steel appliances. All new bathrooms are completely updated. Durable and beautiful luxury vinyl wood look flooring throughout the ground floor.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$176,096Estimated Mortgage Balance
$20,904Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,641
$167,307
2025
$54,630
$112,677
$167,307
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,641
$167,307

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$190,000
No
First
Jun 17, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,096
$20,904
10%
89%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,140/mo
+$582/mo
10.5%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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5635 Elm Springs Drive | Property Details | No Agent List