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$261,000

5822 Caruso Forest Dr, Houston, TX, 77088

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.12 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,484 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1084470000024
Lot Number24
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 24 BLK 1 017*I5645955-001-001-024 INWOOD NORTH SEC 1
Census Tract532600
Assessed Land Value$57,765
Assessed Improvement Value$196,667
Assessment Year2025

About this property

Remodeled four bedroom home in great condition and ready to move in. Formal dining room. Spacious den could be used as a study. Updates include; new two tone paint in-out, tile floors, carpet, crown molding, fixtures, etc. Remodeled kitchen with new white cabinets, granite counter-tops, back-splash tile, new stainless-steel appliances and new fixtures. Spacious family room with new tile floors and a new gas log fireplace. New air condition, coil, heater and new air ducts. New electrical system. New attic insulation. Large laundry room. Spacious master bedroom, with a remodeled bathroom and a large walk-in closet. Good size bedrooms with new ceiling fans and walk-in closets. Located in a cul-de-sac. Good size back yard. Zoned to Klein ISD. Not in a flood zone and did not flood during Harvey.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$286,000Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,702
$254,432
2025
$57,765
$196,667
$254,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,702
$254,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$286,000
No
First
Apr 26, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,802
N/A
0%
103%
$1,715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,015/mo
+$211/mo
10.2%

Learn About the Market: Opportunity in Houston

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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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5822 Caruso Forest Dr | Property Details | No Agent List