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$174,122

5800 Lumberdale Rd Unit 89, Houston, TX, 77092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,890 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$87.29 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesCourtyard
Lot Size1,128 sqft

Building Information

Year Built1976
Stories2

Land Information

APN1069050000089
SubdivisionForrest Lake T/H R/P
Land UseResidential
Legal DescriptionUNIT 89 BLDG 13 FORREST LAKE T/H R/P
Census Tract532200
Assessed Land Value$31,217
Assessed Improvement Value$142,905
Assessment Year2025

About this property

Welcome to this well-loved 3-bedroom, 2 full bath townhouse nestled in Northwest Houston within the desirable community of Forrest Lake. Surrounded by a peaceful, park-like setting, this home offers access to a scenic, tree-lined lake along with beautifully maintained grounds that create a relaxing retreat from the city. Inside, you’ll find a thoughtfully designed layout featuring recessed lighting, along with durable wood and tile flooring throughout for both style and easy maintenance. The home has been carefully cared for and is ready for its next owner to make it their own. Residents of Forrest Lake enjoy a variety of amenities, including two sparkling pools, tennis courts, and a welcoming clubhouse—perfect for both relaxation and recreation. For added peace of mind, the community also offers a daytime manned guard who patrols the neighborhood. Don’t miss the opportunity to live in this tranquil and amenity-rich community—schedule your appointment today!

Investor Tools

Property Icon
$174,122
Estimated Property Value
$123,500Estimated Mortgage Balance
$70,227Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,045 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,660
$174,122
2025
$31,217
$142,905
$174,122
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,660
$174,122

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Capital Mortgage Inc
Conventional
$123,500
No
First
Sep 28, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,895
$70,227
40%
60%
$741/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,141/mo
+$581/mo
11.9%

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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5800 Lumberdale Rd Unit 89 | Property Details | No Agent List