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Owner Contacts

$253,000

5961 Woodway Place Ct, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,399 Sq Ft

Condos / Townhouses

$171.48 / sqft

Built in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Building Information

Year Built1976

Stories2

Garage Spaces1

Land Information

APN1095850010001

Lot Number54

SubdivisionWoodway Place T/H

Land UseResidential

Legal DescriptionLT 54 WOODWAY PLACE T/H SEC 2

Census Tract431505

Assessed Land Value$100,000

Assessed Improvement Value$150,449

Assessment Year2025

About this property

Welcome home! This beautiful 2-story corner unit townhome in Houston's desirable Galleria area offers prime convenience with quick access to highways 610, 69, and I-10, connecting you effortlessly to the city's attractions, dining, and shopping! This home features 2 spacious bedrooms with generous closet space, a newly updated kitchen with sleek granite countertops, and a private patio area perfect for morning coffee or evening gatherings. Enjoy community perks like the nearby pool- just a short walk away- ideal for cooling off and socializing. The property includes a 2-car detached garage for secure parking and extra storage, with additional guest parking right outside! Don't miss the chance to make this charming, corner unit townhome your own, with one of Houston's most coveted locations!

Investor Tools

$253,000

Estimated Property Value

$226,980Estimated Mortgage Balance

$25,243Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,518 /month

Positive

Cash Flow Estimate:

$506 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$166/month

$260/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$723

$250,449

2025

$100,000

$150,449

$250,449

Tax History

Year

Tax Paid

Assessed Value

2024

$723

$250,449

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$226,980

First

Nov 18, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$227,757

$27,243

10%

90%

$1,404/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,664/mo

$-124/mo

7.3%

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.

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