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B+
NoAgentList RatingHow are grades calculated?Info

$191,000

NAL Estimated Property Value

5041 Southwind St, Houston, TX, 77033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.08 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size8,607 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0751900390033
Lot Number33
SubdivisionSouth Park
Land UseResidential
Legal DescriptionLT 33 BLK 1 SOUTH PARK SEC 3
Census Tract332000
Assessed Land Value$102,803
Assessed Improvement Value$35,371
Assessment Year2025

About this property

Fully remodeled single-story home in South Park, offering modern comfort and move-in ready finishes. Exterior features fresh siding, new roof (2025), new windows, updated doors, and an extended driveway for ample parking. Interior showcases open-concept living with wood-look tile floors, recessed lighting, and natural light from large windows. The new kitchen includes shaker cabinets, quartz counters, stainless steel appliances, and bright breakfast area with sliding doors leading to the backyard. Bathrooms remodeled in 2025 with sleek tile, quartz vanities, and modern fixtures. Spacious bedrooms feature updated flooring, closets, and ceiling fans. Large fenced yard offers privacy and plenty of space for gatherings or pets. Located minutes from UH, TSU, and the Medical Center, with quick access to I-610, SH-288, and Downtown Houston. Nearby schools, parks, retail, and major employers create a blend of convenience and lifestyle, making this home a standout opportunity.

Investor Tools

Property Icon
$191,000
Estimated Property Value
$195,878Estimated Mortgage Balance
$122Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,389
$138,174
2025
$102,803
$35,371
$138,174
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,389
$138,174

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Lending
Conventional
$190,000
No
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,878
$122
0%
103%
$1,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,186/mo
+$121/mo
8.2%

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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5041 Southwind St | Property Details | No Agent List