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$336,312

NAL Estimated Property Value

5815 Lookout Mountain Dr, Houston, TX, 77069

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,210 Sq Ft
price_per_sqft$144.34 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave

Exterior

Lot Size11,199 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN0981550000050
Lot Number50
SubdivisionChampions East U/R & Par R/P
Land UseResidential
Legal DescriptionLT 50 BLK 4 CHAMPIONS EAST U/R & PAR R/P
Census Tract552802
Assessed Land Value$85,850
Assessed Improvement Value$250,462
Assessment Year2025

About this property

Welcome to this beautifully updated 4-bedroom, 2-bath cottage-style home located in the heart of Champions, just one mile from the renowned Champions Golf Club. This home perfectly blends timeless charm with thoughtful modern updates, creating a warm and inviting atmosphere throughout. Step inside to discover original details paired with contemporary finishes that shine in the spacious primary suite and open-concept living area. The kitchen and bathrooms have been tastefully refreshed, maintaining character while offering modern convenience. The backyard is a true retreat, featuring a spacious covered patio and a tranquil courtyard with multiple seating and entertainment areas—ideal for gatherings or quiet evenings at home. Recent improvements include a brand new roof, offering added value and peace of mind for the next owner. Included with the home: refrigerator, washer, dryer, TV with Sonos speakers and generator.

Investor Tools

Property Icon
$336,312
Estimated Property Value
$303,384Estimated Mortgage Balance
$32,928Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,018 /month
Positive
Cash Flow Estimate:
$673 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$1,040/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,240
$336,312
2025
$85,850
$250,462
$336,312
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,240
$336,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usm Corporation Group
Fha
$308,353
Yes
First
Jun 9, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,384
$32,928
9%
90%
$1,849/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$2,889/mo
$-439/mo
8.7%

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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