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Owner Contacts

$323,824

NAL Estimated Property Value

5803 Green Springs Dr, Houston, TX, 77066

Off Market

4 Beds

4 Bath

3,162 Sq Ft

$107.5 / sqft

Built in 1974

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size9,740 sqft

Building Information

Year Built1974

Stories2

Garage Spaces2

Land Information

APN1056840000005

Lot Number5

SubdivisionGreenwood Forest 6 2nd Corr

Land UseResidential

Legal DescriptionLT 5 BLK 42 017*G6652900-006-042-005 GREENWOOD FOREST 6 2ND CORR

Census Tract551400

Assessed Land Value$63,436

Assessed Improvement Value$260,388

Assessment Year2025

About this property

Back on the Market. Buyers loan Fell out! Inspection report available. Lovely, Updated, Meticulously Maintained, New Orleans Styled Home w/Wrought Iron Gates & Balcony. Both Formals and a Study(2nd floor), 4 Bedrooms 3 ½ Baths (Study could be 5th bedroom!). Double-Paned Windows, Beautiful Paint Colors, Crown Molding, Floor-to-Ceiling Brick Fireplace and Exposed Wood Beam Ceiling in Den. Big Kitchen w/Granite Surfaces & Backsplash with Designer Touches, All Wood Cabinets, Under Mount Sink with Gooseneck Faucet, cute little tucked-away Pantry, Big Primary Bath with Large Garden Tub, His& Hers Vanities and Separate Closets, Parquet Wood Flooring in Dining Room, Tile Flooring, Tight-Weave Berber-Style Carpet. Six Camera (4K) Security system, Built-in Cabinetry &Shelves throughout, Wet Bar. Huge Windows in Breakfast overlook the Gorgeous Backyard: Full of Flowers & lush landscaping & Ready to Entertain. CAT-5 Cable, 8-Zone Sprinkler System, current termite contract in place

Investor Tools

$323,824

Estimated Property Value

$272,935Estimated Mortgage Balance

$50,889Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,039 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$525/month

$530/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,680

$323,824

2025

$63,436

$260,388

$323,824

Tax History

Year

Tax Paid

Assessed Value

2024

$4,680

$323,824

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$274,928

Yes

First

Dec 30, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$272,935

$50,889

15%

84%

$1,649/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,450/mo

$2,179/mo

+$271/mo

9.1%

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