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$160,000

5016 Irving Way, Houston, TX, 77087

$208,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths2,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.72 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Range

Exterior

Lot Size6,599 sqft

Building Information

Year Built1946
Stories2
Garage Spaces2

Land Information

APN0551400070021
SubdivisionLum Terrace R/P
Land UseResidential
Legal DescriptionTR 21 BLK 53-2 LUM TERRACE R/P
Census Tract332900
Assessed Land Value$57,024
Assessed Improvement Value$188,846
Assessment Year2025

About this property

Investor Opportunity! Currently configured with two separate living spaces. Downstairs offers 3 bedrooms, 1 bath, kitchen, and living area. Upstairs features 2 bedrooms, 1 bath, kitchen, and living area. Per Harris County, the property is currently designated as a single-family residence. Buyer to independently verify zoning, permits, and any requirements for duplex conversion or use. Great opportunity for investors, house hackers, or multi-generational living. Property sold as-is. ALL pictures were taken before the property was occupied by tenants. Property is currently vacant now.

Investor Tools

Property Icon
$245,870
Estimated Property Value
$0Estimated Mortgage Balance
$245,870Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,475 /month
Positive
Cash Flow Estimate:
$492 /month

Interested in this property?

Nayra Moreno

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,995
$245,870
2025
$57,024
$188,846
$245,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,995
$245,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,870
100%
0%
$0/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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5016 Irving Way | Property Details | No Agent List