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Owner Contacts

$306,000

NAL Estimated Property Value

5902 Pinewood Springs Dr, Houston, TX, 77066

Off Market

4 Beds

2 Bath

2,727 Sq Ft

Single Family Residence

$77.01 / sqft

Built in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Laminate

Exterior

Private Pool

Lot Size9,400 sqft

Building Information

Year Built1974

Garage Spaces2

Land Information

APN1056820000028

Lot Number28

SubdivisionGreenwood Forest 6 2nd Corr

Land UseResidential

Legal DescriptionLT 28 BLK 40 017*G6652900-006-040-028 GREENWOOD FOREST 6 2ND CORR

Census Tract551400

Assessed Land Value$63,207

Assessed Improvement Value$198,372

Assessment Year2025

About this property

Don't miss this wonderful home on a corner lot with a pool/spa priced to sell. Recent updates include roof replaced in 2014. Windows, siding and front door replaced in 2015 and 2016. A/C, furnace, coil and all ducts replaced in 2011. Second A/C replaced in 2016. New garage door 2017, air duct cleaning 2015. Pool re-surfaced in 2017, pool motor and cleaner replaced 2017. Large trees and nice landscaping surround the home. Only one owner since 1993. Bring your imagination for updates inside the house. Wonderful floorplan with primary bedroom downstairs with large walk in closet. Wonderful views of the backyard for your enjoyment. Close to schools, shopping, restaurants. Easy access to Beltway 8 and FM 249. Home sold as is.

Investor Tools

$306,000

Estimated Property Value

$192,579Estimated Mortgage Balance

$113,421Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,836 /month

Positive

Cash Flow Estimate:

$612 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$431/month

$460/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,644

$261,579

2025

$63,207

$198,372

$261,579

Tax History

Year

Tax Paid

Assessed Value

2024

$3,644

$261,579

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cherry Creek Mortgage Co Inc

Conventional

$213,750

First

Mar 11, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$192,579

$86,421

30%

63%

$1,282/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,450/mo

$1,742/mo

+$708/mo

9.6%

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