18Days on Market

1view

$679,000

5023 Grape St, Houston, TX, 77096

On Market

3 Beds

2 Bath

1,590 Sq Ft

Built in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Exterior

Lot Size21,876 sqft

Building Information

Year Built1956

Stories1

Garage Spaces2

Land Information

APN0824160000014

Lot Number14

SubdivisionMeyerland

Land UseResidential

Legal DescriptionLT 14 BLK 8 MEYERLAND SEC 1

Census Tract420800

Assessed Land Value$555,750

Assessed Improvement Value$37,934

Assessment Year2025

About this property

Sitting on over half an Acre, Build your custom dream home on this oversized lot in the heart of the Meyerland Subdivision. Probably the biggest lot in Meyerland, room for an oversized custom home, pool, 3 or 4 car garage in the front or back off the property, tennis/basketball court, guest/pool house, and so much more. Fantastic inner neighborhood location on the street's bend giving the new home natural privacy. Walking distance to Meyerland Plaza, Saint Thomas' Episcopal School, Lovett Elementary, and Lovett Park, Merfish Teen Center. Zone to great schools, Bellaire High. Easy access to the Braes Bayou hike and bike trails as well as the 610 freeway. Minutes from the Galleria, Memorial Park, Medical Center, and much more. The adjacent lot at 5027 Grape St can be combined for a truly one of a kind oversized property, also listed for sale.

Investor Tools

$593,684

Estimated Property Value

$0Estimated Mortgage Balance

$593,684Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,074 /month

Positive

Cash Flow Estimate:

$1,358 /month

Interested in this property?

Andre Vysotskiy

Keller Williams Memorial

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,182/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,218

$593,684

2025

$555,750

$37,934

$593,684

Tax History

Year

Tax Paid

Assessed Value

2024

$11,218

$593,684

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$593,684

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$600/mo

+$1,122/mo

3.5%

Learn About the Market: Opportunity in Houston

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