$200,000 Last Listed Price
●
House -
Off Market
5002 Summer Forest Drive
Houston, TX 77091
3 Beds
2 Baths
1,624 Ft²
$1,315
Est. Monthly
$25
HOA / Fees
About This Property
LOCATION! Minutes from 290, 610 and I-10, this house located on a
corner lot in the quaint Candlelight Oaks Village subdivision is
ready for some TLC to make it a home. Split level floor plan
starts with a downstairs open concept kitchen/living/dining area
and sliding glass doors that lead into the backyard. Owner
extended the kitchen area when roof was replaced creating
additional space to open up the kitchen to add counter/storage
space. Primary bedroom/bathroom are also located on the 1st
floor. Halfway up the stairs a loft area with a wall of
windows overlooking the backyard that would make a great office
area or kids play space. The 2 secondary bedrooms are located
at the top of the stairs sharing a full bathroom. This house
has so much potential, it's practically a blank canvas.
Repairs/Improvements: foundation repair 2000, new windows
2008, A/C 2016, heater 2009, cementboard siding 2008; several
skylights removed/repaired for leaks. Lisitng Agent is relative of
seller.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$123
Property Type
House
Property Taxes
$308
HOA Dues
$25
Year Built
1978
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #41021532)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Jan 28, 2024 | Relisted | $200,000 | |
| Relisted | |||
| Jan 12, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2023 | Listed by CENTURY 21 Western Realty, Inc | $200,000 | |
| Listed by CENTURY 21 Western Realty, Inc | |||
| | |||
|
LOCATION! Minutes from 290, 610 and I-10, this house located on a corner lot in the quaint Candlelight Oaks Village subdivision is ready for some TLC to make it a home. Split level floor plan starts with a downstairs open concept kitchen/living/dining area and sliding glass doors that lead into the backyard. Owner extended the kitchen area when roof was replaced creating additional space to open up the kitchen to add counter/storage space. Primary bedroom/bathroom are also located on the 1st floor. Halfway up the stairs a loft area with a wall of windows overlooking the backyard that would make a great office area or kids play space. The 2 secondary bedrooms are located at the top of the stairs sharing a full bathroom. This house has so much potential, it's practically a blank canvas. Repairs/Improvements: foundation repair 2000, new windows 2008, A/C 2016, heater 2009, cementboard siding 2008; several skylights removed/repaired for leaks. Lisitng Agent is relative of seller.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kelly Frnka, CENTURY 21 Western Realty, Inc
Last Updated: 4 months ago
Data Source: HAR , MLS# 41021532
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 4 months ago
Data Source: HAR , MLS# 41021532
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017