5526 Greylog Dr

Houston, Texas, 77048

Redeemable DeedpendingSells Nov 3, 2026 · in 25 days

View on map ↗

SqFt: 0
Lot Size: 8,098
APN: 0913870000005

Property Type: Land
Distressed: No
Vacant: Yes
Owner Type: Individual
Owner Status: Absentee (Out of State)
Length of Ownership: 9 Years 5 Months
Purchase Method: Cash Purchase
County: Harris

Value

Estimated Value: $816,000
County Market Value: $68,850; 2024
Assessed Value: $68,850; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2019

Last Sale

Public Record: $10,650; 08/04/2015
Document Type: Deed

Opportunity

Opening Bid: $9,333
Bid / Value: 1%; of $816,000
Property Tax 2024: $1,441; annual bill · not the amount owed
Equity (est.): $816,000; 100%

Opening bid

$9,333

Assessed value

$68,850

Land $68,850Improvement $0

Market / AVM

$816,000

Property tax 2024

$1,441

Annual bill — the sale list gives no amount owed

Case number 202354713

Property facts enriched via realestateapi · 10/5/2026

Ownership Information

Owner 1 Name: Byron Bobbitt
Mailing Address: 1549 W El Segundo Blvd, Compton, CA 90222
Owner Type: Individual
Corporate Owned: No

Land/Location Information

APN: 0913870000005
Property Class

Deal analysis

School	Type	Grades	Rating	Enrollment
Woodson School	Public	PK-8	4	744
Sterling High School	Public	9-12	3	1,384
Frost Elementary School	Public	PK-5	5	656
Thomas Middle School	Public	6-8	2	537
Codwell Elementary School	Public	PK-5	4	449

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
08/04/2015	05/17/2017	$10,650	Deed	20170216312	Yes	Cash Purchase	Byron Bobbitt	Ross Robert Benavides, Harris County

Your maximum bid

$493,552

Walk away above this. Projected profit at the ceiling: $244,800 (30% of ARV).

Opening bid $9,333

Room to bid $484,219

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$183,278

Under max by $310,274

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for TX|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $816,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $816,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$65,280
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical TX range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical TX recording and deed issuance cost.: −$400
Holding costs (7 months)assumed Taxes, insurance, and securing the property at ~$1,224/month.: −$8,568
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$244,800
Maximum bid: $493,552

If the owner redeems

Flat penalty

25%

You'd receive

$123,388

Window

730 days

A 25% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

homestead and agricultural-use property (2 years); all other property is 180 days

Quoted elsewhere as 51% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 180-day vs 2-year window turns on the property's use at the time of sale, which the sale list does not state — treat any homestead-looking residential parcel as potentially 2-year.

5526 Greylog Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Land/Location Information

5526 Greylog Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Land/Location Information

Legal Description

Tax Assessment Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Schools

Tax Assessment Information

Sale History

County records

Harris County rules

Historical comps

Verify before you bid