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Owner Contacts

$215,000

5815 Caruso Forest Dr, Houston, TX, 77088

Off Market

3 Beds

2 Bath

1,707 Sq Ft

Single Family Residence

$128.59 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

FlooringCarpet, Vinyl

Exterior

Lot Size6,599 sqft

Building Information

Year Built1975

Stories1

Garage Spaces2

Land Information

APN1084470000016

Lot Number16

SubdivisionInwood North

Land UseResidential

Legal DescriptionLT 16 BLK 1 017*I5645955-001-001-016 INWOOD NORTH SEC 1

Census Tract532600

Assessed Land Value$56,970

Assessed Improvement Value$145,287

Assessment Year2025

About this property

CONTRACT FELL THROUGH!!! Their loss is your GAIN! - Very well maintained by Original Owners was the Former Model on a cul-de-sac 4 Side Brick Home! Washer, Dryer, and Fridge to stay with the home. high ceiling in family room. Single-story living makes life a breeze, beautiful hardwood flooring in living and dinning, Granite countertop in kitchen counter. excellent Flex Space in the home could be used for a Study, Office, or even dining. Great functionality with your utility room off the garage, and plenty of gutters around the home. Extended space to unwind in your backyard with high-quality extended Brick pavers wrapping around 3 sides of house in backyard.

Investor Tools

$215,000

Estimated Property Value

$218,960Estimated Mortgage Balance

$11,329Estimated Equity

-2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,317 /month

Positive

Cash Flow Estimate:

$439 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$375/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,424

$202,257

2025

$56,970

$145,287

$202,257

Tax History

Year

Tax Paid

Assessed Value

2024

$3,424

$202,257

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$218,960

Yes

First

Aug 29, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$203,671

$22,329

95%

$1,313/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,613/mo

+$109/mo

9.6%

Learn About the Market: Opportunity in Houston

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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.

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