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$3,500,000

5642 Cedar Creek Dr, Houston, TX, 77056

On MarketInfo
Beds4 Beds
Baths6 Bath
Baths5,468 Sq Ft
price_per_sqft$640.09 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Wine Refrigerator, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size14,248 sqft

Building Information

Year Built2012
Stories1
Garage Spaces4

Land Information

APN0752020420005
Lot Number5
SubdivisionTanglewood
Land UseResidential
Legal DescriptionLT 5 BLK 34 TANGLEWOOD SEC 8
Census Tract431702
Assessed Land Value$1,111,500
Assessed Improvement Value$1,670,815
Assessment Year2025

About this property

Celebrate the empty nest in this modern Prairie-style, boldly sophisticated home. Exuberantly au courant finishes by Cindy Witmer Designs embellish unobstructed gathering spaces w/ 11 to 24-ft ceilings & butted-glass walls. Plaster walls & ceilings; marble plank-tile floors; dramatic wall coverings; & select marble & onyx surfaces. Courtyard entry w/ lily pond. Full bar & lounge/sitting area w/ soaring, double-sided, glass-enclosed, climate-controlled wine storage. Dining & living overlook sheltered & open patios, summer kitchen, & inviting cocktail pool w/ spillway, waterfalls & spa. Turf-grass yard. Open-ended galley kitchen with lift-front cabinets, dining-ledge island, Viking appliances. Paneled study overlooking lily pond; en suite, flexible-use room w/ patio/pool access. Elegant 1st-floor primary retreat w/ bay windows, bespoke closets, & sumptuous bath w/ free-standing tub & walk-in shower. Airy en suite bedrooms w/custom walk-in closets. Media room w/ tiered seating.

Investor Tools

$1,520,919Estimated Mortgage Balance
$1,630,081Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,000 /month
Positive
Cash Flow Estimate:
$7,000 /month

Interested in this property?

Ruthie Porterfield

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,543/month
$3,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,765
$2,782,315
2025
$1,111,500
$1,670,815
$2,782,315
No

Tax History

Year
Tax Paid
Assessed Value
2024
$38,765
$2,782,315

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$1,885,000
No
First
May 24, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,520,919
$1,630,081
51%
48%
$11,302/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$14,452/mo
$-11,112/mo
1.3%

City: Houston

5642 Cedar Creek Dr | Property Details | No Agent List