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$254,000

5007 Elizabeth City Street, Houston, TX, 77021

$256,682 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,643 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.3 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size1,947 sqft

Building Information

Garage Spaces2

Land Information

APN1465320020005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 2 SOUTHERN PALM
Census Tract313300
Assessed Land Value$49,649
Assessment Year2025

About this property

Welcome to your ideal home in Southern Palm! This 3-bedroom, 2.5-bathroom residence offers 1,643 sq ft of contemporary living space near Downtown Houston. The open-concept layout showcases natural light and upscale finishes, with a spacious living room flowing into a gourmet kitchen with stainless steel appliances. The primary suite features a spa-like bathroom and walk-in closet, while two additional bedrooms provide flexibility. Close to top-rated schools, shopping, dining, and major highways, this property is located in a peaceful, connected neighborhood. Schedule a private tour today to experience this stunning home and create lasting memories! Please Note: Income restrictions apply in this community. Photos are EXAMPLE ONLY and INTERIOR COLORS ARE DIFFERENT.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$256,682
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,038
$49,649
2025
$49,649
N/A
$49,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,038
$49,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Unknown
$248,868
No
First
Apr 29, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,194
N/A
0%
125%
$1,913/mo

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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5007 Elizabeth City Street | Property Details | No Agent List