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$299,000

5614 Charlestown Colony Dr, Houston, TX, 77084

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.21 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Microwave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size7,166 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1166400030010
Lot Number10
SubdivisionCharlestown Colony
Land UseResidential
Legal DescriptionLT 10 BLK 3 CHARLESTOWN COLONY SEC 2
Census Tract540601
Assessed Land Value$58,720
Assessed Improvement Value$275,565
Assessment Year2025

About this property

INVESTOR OPPORTUNITY & FIXER-UPPER IN NORTHWEST HOUSTON! Located in the established Charlestown Colony community and plenty of potential for renovation and value-add improvements. The property needs TLC throughout, including a non-functioning AC system, making this an ideal opportunity for an investor, renovator, or buyer looking to customize a home to their own specifications. The downstairs bathroom has already been replaced, providing a head start on the renovation. The property also features a functioning private swimming pool, adding significant appeal for future enjoyment. Situated in a convenient northwest Houston location with easy access to US-290, the home is close to shopping, dining, schools, and everyday amenities throughout the Cypress-Fairbanks area. Property is being sold AS-IS. Buyer to verify all room dimensions, schools, square footage, and other property information. Bring your vision and make this property shine!

Investor Tools

$92,187Estimated Mortgage Balance
$242,098Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,006 /month
Positive
Cash Flow Estimate:
$669 /month

Interested in this property?

Maria Quintanilla

HomeSmart

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$195
$334,285
2025
$58,720
$275,565
$334,285
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$195
$334,285

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$111,700
No
First
Mar 23, 2018
Mar 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,187
$242,098
72%
28%
$670/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,120/mo
+$1,520/mo
9.5%

City: Houston

5614 Charlestown Colony Dr | Property Details | No Agent List