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$1,280,000

NAL Estimated Property Value

5005 Mayfair St, Bellaire, TX, 77401

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,051 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.68 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size10,838 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN0772090030007
Lot Number7
SubdivisionLoveland Terrace Amend
Land UseResidential
Legal DescriptionLT 7 BLK 3 LOVELAND TERRACE AMEND
Census Tract421000
Assessed Land Value$451,391
Assessed Improvement Value$828,609
Assessment Year2025

About this property

Elegant custom home with a timeless design in the Heart of Bellaire. Built by the current Owner the home has an extraordinary architectural design with attention to detail and custom finishes throughout. Home has a well thought out floor functional floor plan with the primary bedroom and office downstairs. Private courtyard entry has exquisitely landscaped grounds and landscape lighting. Chef's kitchen has expansive granite counter tops and custom cabinetry, breakfast island, and connected bar. Spacious family room has stained cedar wood beams and several French doors that lead to the covered patio and courtyard. Large dining room off the kitchen and bar area. A great home for entertaining and every day living. Home is high and dry, never flooded, and is not located in the 100 or 500 year floodplains per Seller. Conveniently located near the Galleria, the Medical Center and Downtown. Zoned to prestigious Condit Elementary and newly redesigned Bellaire High School.

Investor Tools

Property Icon
$1,280,000
Estimated Property Value
$660,058Estimated Mortgage Balance
$619,942Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,680 /month
Positive
Cash Flow Estimate:
$2,560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,201
$1,280,000
2025
$451,391
$828,609
$1,280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,201
$1,280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Oaktree Funding Corp
Conventional
$718,750
No
First
Jan 14, 2022
Feb 2062

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$660,058
$688,942
51%
52%
$4,310/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,310/mo
$-970/mo
3.1%

City: Bellaire

5005 Mayfair St | Property Details | No Agent List