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$299,000

5823 Valley Forge Drive 93, Houston, TX, 77057

$317,523 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,722 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$173.64 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Vinyl

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN0994130150006
SubdivisionTanglewest Townhouses
Land UseResidential
Legal DescriptionUNIT 93 BLDG P .007143 INT COMMON LAND & ELE TANGLEWEST T/H CONDO
Census Tract431505
Assessed Land Value$100,000
Assessed Improvement Value$235,772
Assessment Year2025

About this property

Opportunity! Enjoy all new luxury vinyl plank floors downstairs (2024), stainless steel appliances (2025), fresh interior paint and updated double-pane windows. Major systems recently updated: roof, HVAC and gas heating (2022). This move-in ready 3BR, 2½BA townhome blends modern upgrades with timeless character in a prime Galleria location. Tucked in a quiet back corner, it offers peace and privacy with a sunlit living room featuring elegant new floors and views of lush greenery. Layout extends to a dining area and kitchen with breakfast bar and brand new appliances. Downstairs powder room recently updated with tasteful finishes. Utility room, large fenced backyard and a 1-car garage, 1-car carport add everyday convenience. Upstairs features a spacious primary bedroom with ensuite bathroom with double sinks. Two additional bedrooms and a full hall bath. Residents enjoy access to pool, clubhouse, playground and green space — all minutes from the Galleria!

Investor Tools

Property Icon
$335,772
Estimated Property Value
$0Estimated Mortgage Balance
$123,336Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$317,522
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,015 /month
Positive
Cash Flow Estimate:
$672 /month

Interested in this property?

Robert Bland

Compass RE Texas, LLC - Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
$514/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,481
$335,772
2025
$100,000
$235,772
$335,772
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,481
$335,772

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$220,000
No
First
Jun 7, 2024
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,436
$123,336
36%
63%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,834/mo
+$196/mo
7.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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5823 Valley Forge Drive 93 | Property Details | No Agent List