Last 24 Hours
$245,870
NAL Estimated Property Value5016 Irving Way, Houston, TX, 77087
$270,993 ARV
Recently Sold
9/11/26
5 Beds
2 Bath
2,511 Sq Ft
$63.72 / sqft
Built in 1946Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 5
Bathrooms Full 2
Garage Available
HeatingAppliancesGas 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
$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
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
12.4%