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Owner Contacts

$260,000

5955 Woodway Place Court, Houston, TX, 77057

Off Market

2 Beds

2 Bath

1,292 Sq Ft

Condos / Townhouses

$177.24 / sqft

Built in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringWood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1976

Stories2

Garage Spaces1

Land Information

APN1095850010004

SubdivisionWoodway Place T/H

Land UseResidential

Legal DescriptionTRS 57A & 58B WOODWAY PLACE T/H SEC 2

Census Tract431505

Assessed Land Value$100,000

Assessed Improvement Value$158,039

Assessment Year2025

About this property

Great price on this spotlessly updated townhome in the popular Woodway Place addition located just minutes from the Galleria and Uptown. Longtime, mature neighbors and exceptional community management. Very quiet location inside the property with beautiful courtyard and huge swimming pool. Well-maintained by attentive owner and features sunny formal living room with fireplace & crown molding. Real oak hardwoods throughout up & down. Updated kitchen w/granite island, stainless appliances, breakfast area & adjacent laundry room. NOTE: The island is not fixed and can be easily moved. Two spacious bedrooms upstairs w/good storage. One with vaulted ceiling and barn door and the other has a wall of built-ins and would be an ideal home office. Updated bath features accessible, walk-in bathtub w/shower. Low-e windows. Private patio between the unit & the 2-car garage. Nicely maintained exterior grounds with convenient nearby guest parking. Call us today to see this well-priced gem.

Investor Tools

$260,000

Estimated Property Value

$0Estimated Mortgage Balance

$122,505Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$604/month

$239/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,954

$258,039

2025

$100,000

$158,039

$258,039

Tax History

Year

Tax Paid

Assessed Value

2024

$5,954

$258,039

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$150,000

First

Dec 28, 2021

Jan 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$137,495

$122,505

47%

53%

$900/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,139/mo

+$401/mo

7.1%

Learn About the Market: Opportunity in Houston

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