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Days18Days on Market
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$559,000

5027 Grape St, Houston, TX, 77096

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,364 Sq Ft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size16,466 sqft

Building Information

Year Built1954
Stories1
Garage Spaces4

Land Information

APN0824160000013
Lot Number13
SubdivisionMeyerland
Land UseResidential
Legal DescriptionLT 13 BLK 8 MEYERLAND SEC 1
Census Tract420800
Assessed Land Value$458,424
Assessed Improvement Value$65,572
Assessment Year2025

About this property

Build your dream home on this oversized lot in the heart of the Meyerland Subdivision. Over 15k sqft, one of the biggest lots in Meyerland. Fantastic inner neighborhood location on the street's bend giving the new home natural privacy. A mature oak tree towers over the front of the property giving it a warm inviting curb appeal. There are currently two curb cuts into the property allowing the new residence multiple of driveway options, including a 3 car garage towards the back porting off the property. Room of a pool, guest house and much more. Walking distance to Meyerland Plaza, Saint Thomas' Episcopal School, Lovett Elementary/Lovett Park, Merfish Teen Center. Zone to great schools, Bellaire High. Easy access to the Braes Bayou hike & bike trails, 610. Minutes from the Galleria, Memorial Park, Medical Center, Downtown and much more. The adjacent lot at 5023 Grape St can be combined for a truly one of a kind oversized property, also listed for sale.

Investor Tools

Property Icon
$547,000
Estimated Property Value
$0Estimated Mortgage Balance
$547,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

Interested in this property?

Andre Vysotskiy

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,066/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,058
$523,996
2025
$458,424
$65,572
$523,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,058
$523,996

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$547,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$600/mo
+$1,122/mo
3.8%

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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5027 Grape St | Property Details | No Agent List