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5514/5516 Deep Forest Dr

Houston, TX 77092
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Just listedJust listed
3,215 Sqft
8,510 Lot Sqft
Multi-Family - Duplex

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Description

SMART BUYERS & INVESTORS WELCOME! VERY LOW TAX RATE WITH INCOME POTENTIAL JUST NORTH OF OAK FOREST! This income-producing duplex / multi-family property offers a prime opportunity for both seasoned investors and first-time buyers seeking rental property in Houston. Each spacious unit features 3 bedrooms, 2.5 baths, and approximately 1,607 SF of functional living space, ideal for tenant retention and consistent cash flow. One unit is currently leased, providing immediate rental income, while the other offers flexibility for owner-occupants or additional leasing potential. Live in one side as your primary residence while generating passive income from the other, or step into real estate investing and landlord ownership with confidence. The home has been updated over time, offering long-term investment potential. Located with easy access to Hwy 290, I-10, and 610. Great addition to your rental portfolio. Schedule your showing today.

MLS#
65006659
List Price
$355,000 ($110/Sqft.)
Listing Status
For Sale
Address
5514/5516 Deep Forest Dr
City
Houston
State
TX
Zip Code
77092
County
Harris County
Subdivision
Forest West Sec 01
Legal Description
LT 27 BLK 1 FOREST WEST SEC 1
Property Type
Multi-Family - Duplex
Stories
2
Building Size
3,215 Sqft/Appraisal District
Year Built
1968 /Appraisal District
Lot Size
8,510 Sqft/Appraisal District
Maintenance Fee
$188 / Annually
Key Map©
451B
Market Area

Exterior

Roof
Composition
Lot Description
Other
Parking
Carport Parking
Parking Unit
Two

Financial information

Financing Considered
Cash Sale, Conventional, FHA, VA
Other Fees
Yes / 150 / Transfer fees
Maintenance Fee
Yes / $188 / Annually
Maint Fee Includes
Other
Taxes w/o Exemp
$6,863/2025
Tax Rate
2.2642

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Interior

Cooling
Central Electric
Heating
Central Electric
Dishwasher
Yes
Disposal
Yes
Microwave
Yes

Lot Information

Lot Size
8,510 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Houston Association of REALTORS®
Source last updated Apr 29, 2026 at 07:06 PM
Listing last updated Apr 29, 2026 at 09:27 AM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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