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$1,007,000

NAL Estimated Property Value

5938 Solar Point Ln, Houston, TX, 77041

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,336 Sq Ft
price_per_sqft$185.34 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size11,561 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1217610010017
Lot Number17
SubdivisionLakes On Eldridge North
Land UseResidential
Legal DescriptionLT 17 BLK 1 LAKES ON ELDRIDGE NORTH SEC 6
Census Tract540101
Assessed Land Value$135,581
Assessed Improvement Value$866,805
Assessment Year2025

About this property

Sophistication and quality are found throughout this extensively updated home. An inviting entry w/spacious foyer awaits an open concept plan with soaring ceilings, pecan wood flooring, and striking architectural details. Fully renovated gourmet kitchen w/honed granite countertops, oversized island w/custom wood top & top of the line Thermador appliances. Formal dining, private study w/patio access, family room w/tall wall of windows, built-ins & surround sound. Media room down w/full bar & surround sound. Luxe Primary Suite w/fireplace, Ensuite & two custom walk-in closets. Upstairs is a generous game room w/built-in workspace + 3 secondary bedrooms with ensuites. Outside is a full kitchen w/ Napolean grill, covered patio, pergola, & a stunning pool & spa w/lush tropical landscaping. Recent paint and AC systems. Cul-de-sac location with access to a walking trail. Buses are available to Awty, BISH, and the Village School.

Investor Tools

Property Icon
$1,007,000
Estimated Property Value
$838,779Estimated Mortgage Balance
$168,221Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,042 /month
Positive
Cash Flow Estimate:
$2,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$927/month
$1,970/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,089
$1,002,386
2025
$135,581
$866,805
$1,002,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,089
$1,002,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bmo Bank Na
Conventional
$880,120
No
First
Oct 30, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$838,779
$166,221
16%
83%
$5,277/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$7,247/mo
$-4,337/mo
3.5%

City: Houston

5938 Solar Point Ln | Property Details | No Agent List