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$238,359

NAL Estimated Property Value

5005 Farmer St, Houston, TX, 77020

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,108 Sq Ft
price_per_sqft$248.19 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1950
Stories1

Land Information

APN0620390010012
Lot Number12
SubdivisionLyons Avenue Park
Land UseResidential
Legal DescriptionLT 12 BLK 1 LYONS AVENUE PARK
Census Tract211302
Assessed Land Value$100,000
Assessed Improvement Value$138,359
Assessment Year2025

About this property

Welcome home to this unique and updated 2/3 bedroom, 1 bathroom gated casita with plenty of room to grow! Located at 5005 Farmer, this charming single-family property is listed for sale at $275,000. Built in 1950, the home offers 1,108 square feet of living space and sits on a spacious lot of 5,000 square feet. The interior has been tastefully updated, providing a modern and comfortable living environment. The location is unbeatable, offering convenient access to amenities, schools, and transportation. Don't miss out on this incredible opportunity to own a piece of paradise.

Investor Tools

Property Icon
$238,359
Estimated Property Value
$0Estimated Mortgage Balance
$238,359Estimated Equity
100% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,984
$238,359
2025
$100,000
$138,359
$238,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,984
$238,359

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$238,359
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.6%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5005 Farmer St | Property Details | No Agent List