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$325,000

5022 Lindsay Street, Houston, TX, 77023

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$266.83 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
AppliancesDisposal, Microwave, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1910
Stories1

Land Information

APN0543170200004
Lot Number4
SubdivisionEastlawn
Land UseResidential
Legal DescriptionLT 4 BLK 20 EASTLAWN
Census Tract310600
Assessed Land Value$150,000
Assessed Improvement Value$94,000
Assessment Year2025

About this property

Updated 1910s brick bungalow in Houston's vibrant East End on a charming street featuring a detached guest house and extensive system upgrades. The main home offers 2 bedrooms and 1 bath with refinished hardwood floors, neutral paint, custom built-in shelving, and top-down/bottom-up shades throughout the main living areas. Thoughtfully updated over the years, the property includes PEX plumbing, a PVC sewer line, added insulation, updated ductwork, a remodeled bathroom (2018), and HVAC systems serving both the main home and the guest house. The kitchen was remodeled in 2008 and features stainless steel appliances and ample cabinet space. The detached guest house was remodeled to the studs in 2021 and includes an open-concept bedroom, full bath, and laundry area—ideal for guests, a home office, multigenerational living, or potential rental income. Fully fenced lot with ample driveway and street parking, all minutes from popular East End restaurants, coffee shops, and entertainment.

Investor Tools

$172,510Estimated Mortgage Balance
$106,490Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Laura Miranda

Compass RE Texas, LLC - The Heights

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,775
$244,000
2025
$150,000
$94,000
$244,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,775
$244,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$211,105
Yes
First
Aug 18, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,510
$106,490
38%
62%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,266/mo
+$41/mo
5.6%

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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