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Days66Days on Market
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$497,000

5022 Lillian Street, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,097 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.01 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,538 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1241440010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 WATERHILLL HOMES ON LILLIAN
Census Tract510801
Assessed Land Value$202,829
Assessed Improvement Value$263,702
Assessment Year2025

About this property

Charming home located in the heart of the highly desirable Cottage Grove area, just minutes from Downtown Houston, The Heights, and Memorial Park. This well-situated property offers convenient access to major freeways including I-10 and Loop 610, making commuting a breeze. Enjoy nearby dining, shopping, and entertainment, all within close proximity. The home features a functional layout filled with natural light, spacious living areas, and comfortable bedrooms. Ideal for both everyday living and entertaining, the property provides a great opportunity for homeowners or investors alike. Whether you’re looking to enjoy city living or expand your real estate portfolio, this home offers location, convenience, and potential.

Investor Tools

$395,021Estimated Mortgage Balance
$71,510Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,982 /month
Positive
Cash Flow Estimate:
$994 /month

Interested in this property?

Bea Flores

Compass RE Texas, LLC - Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,191
$466,531
2025
$202,829
$263,702
$466,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,191
$466,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$417,302
Yes
First
Jun 13, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,021
$71,510
15%
85%
$2,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,502/mo
+$78/mo
6.6%

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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5022 Lillian Street | Property Details | No Agent List