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Owner Contacts

$1,827,448

5031 Grape St, Houston, TX, 77096

Off Market

4 Beds

7 Bath

7,334 Sq Ft

Single Family Residence

$156.53 / sqft

Built in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 6

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Ice Maker, Double Oven, Gas Oven, Trash Compactor, Microwave, Gas Range, Indoor Grill, Dishwasher, Refrigerator

FlooringCarpet, Marble, Slate, Stone, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size12,558 sqft

Building Information

Year Built2003

Stories2

Garage Spaces2

Land Information

APN0824160000012

Lot Number12

SubdivisionMeyerland

Land UseResidential

Legal DescriptionLT 12 BLK 8 MEYERLAND SEC 1

Census Tract420800

Assessed Land Value$388,080

Assessed Improvement Value$1,439,368

Assessment Year2025

About this property

Stately Meyerland home that offers it all! This stunning home affords a luxury lifestyle living & is zoned to acclaimed Bellaire High school. Three bedrooms down (including primary suite), plus significant living, dining, and family spaces. Upstairs is a magnificent home office, Gameroom has entertainment wet bar, Media/theatre room, extra room, exercise room plus 4th bedroom/guest suite with kitchenette. Outdoor oasis has covered summer kitchen patio, full bathroom & resort style pool+spa. This house has been meticulously upgraded over the past 3 years: Exterior/Interior paint, refinished hardwood flrs, mosquito system, kitchen-backsplashes & counter tops replaced + sink & faucets, Sony movie projector, smart thermostats & entry locks, custom iron gates, hardware throughout the house, LED lights, gutter guards, sprinkler system control panel, smart whisper–quiet garage door opener, water softener & much more. Minutes from the Med center, Galleria and Downtown Houston. Never flooded!

Investor Tools

$1,827,448

Estimated Property Value

$999,999Estimated Mortgage Balance

$909,108Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,965 /month

Positive

Cash Flow Estimate:

$3,655 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,326/month

$545/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$30,776

$1,827,448

2025

$388,080

$1,439,368

$1,827,448

Tax History

Year

Tax Paid

Assessed Value

2024

$30,776

$1,827,448

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Regions Bank

Conventional

$999,999

First

Jan 14, 2022

Nov 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$918,340

$909,108

49%

50%

$5,996/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$6,541/mo

$-4,315/mo

1.5%

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