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5514/5516 Deep Forest DriveHouston, TX 77092

For Sale

$355,000

Smart Buyer Rebate $3,550

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.

Listed by Jennifer Yoingco

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License #0648293

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Walzel Properties - Corporate Office

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832-286-8636

Listed by Benjamin Yoingco

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License #0832369

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Walzel Properties - Corporate Office

Last updated April 30, 2026

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Source: HAR #65006659

Listing Facts

  • TypeMulti-family
  • NeighborhoodOak Forest - Garden Oaks
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu4
  • HOA/Maint. Fees$15.66/month
  • Taxes$6,863/year
  • Size3,215 sqft
  • Price per sqft$110

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

04/28/2026
Listed by Walzel Properties - Corporate Office
$355,000

Property Details for 5514/5516 Deep Forest Drive

Association

Fees

  • Association Fee: $188.00 Annually
  • Association Fee Includes: Other

General

  • Association Name: BEACON RESIDENTAL MGMT

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 2
  • Year Built: 1968

Measurements

  • Building Area Total: 3,215
  • Lot Features: Other
  • Lot Size Area: 8,510
  • Lot Size Source: Appraiser
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense Includes: Other

Taxes

  • Parcel Number: 096-559-000-0027
  • Tax Annual Amount: $6,863.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave

Measurements

  • Living Area: 3,215
  • Living Area Source: Appraiser

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: Forest West Sec 01

Parking

Parking

  • Carport: Yes
  • Other Parking: Two
  • Parking Features: Carport

Schools

Elementary School

  • Elementary School: WAINWRIGHT ELEMENTARY SCHOOL
  • Elementary School District: 27 - Houston

High School

  • High School: SCARBOROUGH HIGH SCHOOL
  • High School District: 27 - Houston

Middle or Junior School

  • Middle Or Junior School: CLIFTON MIDDLE SCHOOL (HOUSTON)
  • Middle Or Junior School District: 27 - Houston

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Dryer Hookup

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 3 bedrooms and 2 bathrooms in this multi-family home at 5514/5516 Deep Forest Drive.

What schools are nearby to 5514/5516 Deep Forest Drive?

Nearby schools include the WAINWRIGHT ELEMENTARY SCHOOL, CLIFTON MIDDLE SCHOOL (HOUSTON), and SCARBOROUGH HIGH SCHOOL.

What are the annual taxes for 5514/5516 Deep Forest Drive?

Annual taxes for this multi-family home are estimated at $6,863.

How does 5514/5516 Deep Forest Drive compare to other multi-family homes in Oak Forest - Garden Oaks?

This multi-family home is listed 55% below the average price for multi-family homes in Oak Forest - Garden Oaks and has been on the market for 59 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is part of the BEACON RESIDENTAL MGMT home owners association.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,215 sqft.

5514/5516 Deep Forest Drive is a 3-bedroom, 2-bath multi-family home for sale in Houston TX 77092. On Prevu for 4 days at $355,000. This home features 3,215 square feet of living space, located in Oak Forest - Garden Oaks. The median listing price for multi-family homes in this area is $525,000. Nearby schools include WAINWRIGHT ELEMENTARY SCHOOL, CLIFTON MIDDLE SCHOOL (HOUSTON), and SCARBOROUGH HIGH SCHOOL. The home offers dishwasher, air conditioning, and parking. Explore more multi-family home listings in Houston.

Based on information from Houston Realtors Information Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.