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Owner Contacts

$1,197,493

NAL Estimated Property Value

5051 Wigton Dr, Houston, TX, 77096

Off Market

3 Beds

3 Bath

2,254 Sq Ft

Single Family Residence

$135.31 / sqft

Built in 1957

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Private Pool

Lot Size10,193 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN0901560000001

Lot Number1

SubdivisionMeyerland

Land UseResidential

Legal DescriptionLT 1 BLK 3 MEYERLAND SEC 8 R/P A

Census Tract420700

Assessed Land Value$321,215

Assessed Improvement Value$876,278

Assessment Year2025

About this property

Premium corner lot in Meyerland with home for sale. In-ground pool/spa in backyard! Home flooded 8" in Harvey, garage flooded 13" in Harvey. This home/garage had no flooding prior to Harvey. Nicely sized, lot tucked inside of section 8, blocks from Kolter Elementary and Godwin Park with mature oaks on Wigton in the heart of Meyerland. This home was extensively updated before the flood and parts of it remain intact. New construction already on the block and going up next door. Enjoy neighborhood Godwin Park with jogging trail, covered pavilion with basketball court, gazebo and playground equipment. Blocks to brand new campus of Kolter Elementary School (a Foreign Language Magnet school). Zoned to Bellaire High School. Meyerland is a deed restricted community with a mandatory, and active, HOA. Minutes to Texas Medical Center and quick drive to access 610. Drive By only. RECENTLY SOLD A 1.3 MILLION DOLLAR HOME IN THIS SECTION. Come design your dream home on a prime street in the City!

Investor Tools

$1,197,493

Estimated Property Value

$750,359Estimated Mortgage Balance

$447,134Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,185 /month

Positive

Cash Flow Estimate:

$2,395 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,864/month

$451/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,380

$1,197,493

2025

$321,215

$876,278

$1,197,493

Tax History

Year

Tax Paid

Assessed Value

2024

$16,380

$1,197,493

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bancorpsouth Bank

Conventional

$736,000

First

Jun 9, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$750,359

$447,134

37%

63%

$4,965/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$5,416/mo

$-3,190/mo

2.2%

Learn About the Market: Opportunity in Houston

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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.

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