NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$345,000

NAL Estimated Property Value

5638 Council Grove Ln, Houston, TX, 77088

Off Market

4 Beds

3 Bath

3,120 Sq Ft

Single Family Residence

$112.18 / sqft

Built in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size15,398 sqft

Building Information

Year Built1974

Stories2

Garage Spaces3

Land Information

APN1054620000044

Lot Number44

SubdivisionInwood Forest

Land UseResidential

Legal DescriptionLT 44 & TR 43B BLK 4 INWOOD FOREST SEC 15

Census Tract532800

Assessed Land Value$54,600

Assessed Improvement Value$290,400

Assessment Year2025

About this property

Welcome to one of the most remarkable homes in Inwood Forest - 5838 Council Grove, which is recognized as one of the most serene and intimate streets in the community. Its striking curb appeal and prime location make it a true gem. As you explore from the welcoming front entrance to the expansive backyard, you’ll quickly see why this property is so special. Nestled on a generous 15,400 sqft lot, this home offers boundless possibilities for creating your dream outdoor retreat—be it a pool, garden, treehouse, or a combination of all three. This property is ideal for a savvy investor or a homeowner ready to transform it into their dream home. Featuring 4 bedrooms, 2.5 bathrooms, a study, and a sunroom, the potential is truly limitless. Additionally, the Houston Parks Board is in the early stages of enhancing the nearby green space into a vibrant park for residents to enjoy. Schedule your appointment today! The popular Our Savior Lutheran School is just 3 miles away. **HOME SOLD AS-IS**

Investor Tools

$345,000

Estimated Property Value

$336,321Estimated Mortgage Balance

$8,679Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,100 /month

Positive

Cash Flow Estimate:

$700 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$540/month

$310/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,753

$345,000

2025

$54,600

$290,400

$345,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,753

$345,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$345,000

First

Dec 18, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$336,321

$8,679

97%

$2,069/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$2,379/mo

$-153/mo

7.7%

Learn About the Market: Opportunity in Houston

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 This Area