Last 24 Hours
$259,000
NAL Estimated Property Value5105 New Orleans St, Houston, TX, 77020
Off Market
2 Beds
1 Bath
1,180 Sq Ft
$135.59 / sqft
Built in 1938Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size5,550 sqft
Building Information
Year Built1938
Stories1
Garage Spaces2
Land Information
APN0541950000009
Lot Number9
SubdivisionPinecrest
Land UseResidential
Legal DescriptionLT 9 BLK 9 PINECREST
Census Tract211302
Assessed Land Value$105,500
Assessed Improvement Value$144,500
Assessment Year2025
About this property
You Know what they say, LOCATION, LOCATION, LOCATION! This home has just that, built in 1938 this home is a staple of the Fifth Ward with a lot of history and its just waiting for someone to invest in this fixer upper and turn it into their little slice of heaven so come and check out this great opportunity today! The home has some water damage and also floor needs repair, sellers are selling as is and will not make any repairs
Investor Tools
$259,000
Estimated Property Value
$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,289
$250,000
2025
$105,500
$144,500
$250,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,289
$250,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$257,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.1%
12.4%