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$125,000

5000 Milwee St Apt 47, Houston, TX, 77092

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths990 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$126.26 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Freestanding Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesBack Green Space, Balcony, Playground
Lot Size4.85 acres

Building Information

Year Built1970
Stories1
Garage Spaces1

Land Information

APN1141520040004
SubdivisionArbor Green Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 47 BLDG E .006849 INT COMMON LAND & ELE ARBOR GREEN CONDO PH 1
Census Tract531300
Assessed Land Value$22,270
Assessed Improvement Value$94,942
Assessment Year2025

About this property

Welcome Home to Arbor Green – This One Is It! Discover this freshly updated 2-bedroom, 2-full-bath condo featuring a desirable split floor plan, granite counters, and a cozy fireplace that adds warmth and charm. Move-in ready and perfect for comfortable everyday living, this inviting home comes complete with a refrigerator, full-size washer and dryer, and a spacious private balcony to relax and unwind. Assigned covered parking is right at the bottom of the stairs, along with plenty of guest parking. Arbor Green offers a beautifully landscaped, well-maintained community with amenities including a gated swimming pool, community dog park, and park-like green spaces, great for taking walks, seating areas and grills for BBQ-ing. Perfect for relaxing or gathering with friends. With its fresh updates, convenient location with easy access to 610 & 290 and just a hop to downtown This condo offers an incredible opportunity to make this your next home.

Investor Tools

$53,594Estimated Mortgage Balance
$63,618Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

Interested in this property?

Cindy Schafer

Better Homes and Gardens Real Estate Gary Greene - Bay Area

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
$524/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,249
$117,212
2025
$22,270
$94,942
$117,212
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,249
$117,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
N/A
$68,400
N/A
First
Aug 9, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,594
$63,618
54%
46%
$411/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$935/mo
+$372/mo
13.4%

City: Houston

5000 Milwee St Apt 47 | Property Details | No Agent List