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$424,000

NAL Estimated Property Value

5012 Cornish St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,858 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$214.75 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringConcrete, Tile, Wood

Exterior

Lot Size1,647 sqft

Building Information

Year Built2009
Garage Spaces1

Land Information

APN1314350010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 CORNISH STREET STUDIO T/H
Census Tract510901
Assessed Land Value$115,220
Assessed Improvement Value$273,715
Assessment Year2025

About this property

This centrally located gem offers the perfect blend of convenience & luxury with easy access to I-10, I-45, & 610 & popular neighborhoods like Heights, Montrose, & Midtown. The open concept design is adorned with luxurious finishes, including durable and environmentally friendly bamboo flooring in the second floor living, dining, kitchen, and third-level bedrooms. Primary suite features a spa-like bath with dual amenities and large walk-in closet. The kitchen and all bathrooms boast espresso-colored wood cabinetry, beautiful granite countertops, and neutral painted walls add a touch of sophistication. The foyer and first-floor bedroom and bath feature stained concrete floors, adding to the overall modern aesthetic of this stunning residence. Spacious 2-car garage and front flex space/parking/patio area - this home provides for the perfect lock & leave lifestyle!

Investor Tools

Property Icon
$424,000
Estimated Property Value
$313,137Estimated Mortgage Balance
$110,863Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,894
$388,935
2025
$115,220
$273,715
$388,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,894
$388,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$326,400
No
First
Feb 28, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,137
$75,798
19%
74%
$1,957/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,957/mo
+$623/mo
7.3%

Learn About the Market: Opportunity in Houston

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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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5012 Cornish St | Property Details | No Agent List