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$150,000

5801 Lumberdale Rd Unit 144, Houston, TX, 77092

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$89.29 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Electric Range, Dishwasher, Washer/Dryer

Exterior

Lot Size1,015 sqft

Building Information

Year Built1976
Stories2

Land Information

APN1069120000144
SubdivisionForrest Lake T/H R/P
Land UseResidential
Legal DescriptionUNIT 144 BLDG 20 FORREST LAKE T/H R/P
Census Tract532200
Assessed Land Value$30,902
Assessed Improvement Value$132,742
Assessment Year2025

About this property

Welcome to this spacious two-story townhome in the desirable Forrest Lake community. The first floor features a large living area with a newer front window providing abundant natural light, plus an open dining area conveniently positioned near the kitchen. A dedicated laundry and pantry space and recently updated powder bath add everyday functionality. Upstairs, two generously sized bedrooms each offer a private en-suite bathroom and ample closet space, with additional hallway storage. Step outside to a lovely fenced patio, with two assigned covered parking spaces located directly behind the home for convenient back-door access. Residents enjoy beautifully maintained grounds with mature trees, a scenic lake with fountains, large community pool, clubhouse, tennis courts, and onsite security and maintenance. Conveniently located near Highway 290 and Loop 610, with easy access to Walmart, Target, numerous restaurants, and shopping. Clean, spacious, and ready to welcome its new owners.

Investor Tools

$56,064Estimated Mortgage Balance
$107,580Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$982 /month
Positive
Cash Flow Estimate:
$327 /month

Interested in this property?

Rene Sorola

Keller Williams Realty Metropolitan

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,143
$163,644
2025
$30,902
$132,742
$163,644
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,143
$163,644

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$70,400
No
First
Jan 28, 2017
Feb 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,064
$107,580
65%
34%
$423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$823/mo
+$484/mo
9.6%

City: Houston

5801 Lumberdale Rd Unit 144 | Property Details | No Agent List