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Owner Contacts

$258,243

NAL Estimated Property Value

5651 Elm Springs Dr, Houston, TX, 77048

Off Market

4 Beds

3 Bath

1,918 Sq Ft

$99.58 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size7,823 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0913820000016

Lot Number16

SubdivisionCrestmont Park

Land UseResidential

Legal DescriptionLT 16 BLK 9 CRESTMONT PARK SEC 1

Census Tract331700

Assessed Land Value$59,186

Assessed Improvement Value$199,057

Assessment Year2025

About this property

Extremely clean,completely renovated super spacious 4 Bedroom with 2.5 baths,NEWER architectural shingled ROOF, front and rear covered patios with plenty of recent upgraded features including recent tile & carpeted flooring,interior exterior paint,double pane windows,HVAC & duct-work,recessed lighting & ceiling fans.The updated kitchen is open to dining area with good amounts of granite counter top space,fantastic for entertaining with floor-to-ceiling custom wood cabinetry & new subway tile.This home features a modern very open and large functional floor plan with a SUPER SPACIOUS Primary Bedroom split from the other 3 bedrooms while also including an EnSuite Bedroom(Private BATH)just great to have within your home for family or guests.The home is fully fenced with functional slide-shut motorized gate and the backyard has an extended covered patio great for outdoor festivities,BBQ's & lounging,also additional recent on-slab storage shed included.Overall this is a FANTASTIC HOME

Investor Tools

$258,243

Estimated Property Value

$172,847Estimated Mortgage Balance

$85,396Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,549 /month

Positive

Cash Flow Estimate:

$516 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$384/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,317

$258,243

2025

$59,186

$199,057

$258,243

Tax History

Year

Tax Paid

Assessed Value

2024

$3,317

$258,243

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

City Bank

Conventional

$190,000

First

Aug 19, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$172,847

$85,396

33%

67%

$1,140/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,140/mo

+$1,086/mo

10.3%

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