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$245,000

5518 Council Grove Ln, Houston, TX, 77088

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.94 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,498 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1054620000054
Lot Number54
SubdivisionInwood Forest
Land UseResidential
Legal DescriptionLT 54 BLK 4 INWOOD FOREST SEC 15
Census Tract532800
Assessed Land Value$51,660
Assessed Improvement Value$172,510
Assessment Year2025

About this property

Stunning contemporary gem located on one of the premier streets in Inwood Forest! Terrific split floor plan with large primary suite with separate entrance to the back patio. The breakfast room plus formal dining room offer options for a home office while keeping the two secondary bedrooms available. The primary suite is enormous to accommodate a sitting area or desk. The updated primary bathroom features recently tiled walk-in shower and two closets. Large living room or family room with corner fireplace and vaulted and beamed ceiling. This beautifully maintained home features security screens on all windows. Your own private oasis in the city. Just 12 miles to downtown and close to dining and shopping on 249. Never flooded & not in the floodplain per FEMA map! Easy access to 249, 290 and 610.

Investor Tools

$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Dennie Hodge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$323/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$141
$224,170
2025
$51,660
$172,510
$224,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$141
$224,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$259,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$323/mo
+$1,427/mo
8.1%

City: Houston

5518 Council Grove Ln | Property Details | No Agent List