$275,000
5002 Chennault Rd, Houston, TX, 77033
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size5,611 sqft
Building Information
Year Built1950
Stories1
Land Information
APN0751900050015
Lot Number15
SubdivisionSouth Park
Land UseResidential
Legal DescriptionLT 15 BLK 5 SOUTH PARK SEC 2
Census Tract332100
Assessed Land Value$72,865
Assessed Improvement Value$37,433
Assessment Year2025
About this property
Move in ready home filled with abundant natural light and an open floor plan that creates a bright, welcoming atmosphere. Featuring 2 bedrooms and 1 fully renovated bathroom. Recent updates include a new fence, new water heater, and an updated kitchen with marble and granite finishes. Built in the 1950s, this home blends classic charm with modern upgrades. The spacious backyard is perfect for entertaining family and friends or enjoying outdoor living. A great opportunity for comfort and convenience.
Investor Tools
$143,193Estimated Mortgage Balance
$128,807Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,995
$110,298
2025
$72,865
$37,433
$110,298
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,995
$110,298
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hindsight Investments Llc
Conventional
$150,000
No
First
Nov 20, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,193
$128,807
47%
53%
$900/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$900/mo
+$407/mo
5.8%
