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$1,139,000

NAL Estimated Property Value

5108 Aspen St, Bellaire, TX, 77401

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,771 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.66 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,255 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN0771150000025
Lot Number25
SubdivisionPalmer Place
Land UseResidential
Legal DescriptionLT 25 BLK B PALMER PLACE
Census Tract420900
Assessed Land Value$465,750
Assessed Improvement Value$612,813
Assessment Year2025

About this property

This adorable and cozy Bellaire home is centrally located just blocks from the Bellaire Rec Center, Aquatics Center, Jessamine Park, Bellaire Baseball Fields, Condit Elementary School, restaurants and more! If you want to be close to everything, location does not get much better than this! Situated on an 8,255 square foot lot (per HCAD), there is a large front yard and generous back yard with room for a pool. Backyard backs to library parking lot. The first floor offers a large living room, kitchen open to dining room, and flex room that could be a downstairs playroom, den or sunroom- so many possibilities! The primary suite is also on the first floor with a room that could be a study or small nursery. The second floor offers three large secondary bedrooms and two full bathrooms. One of the secondary bedrooms has a wall of built-ins and could be a gameroom. Other features include a homework nook with two built-in desks, two car garage, and covered front porch. No flooding (per seller)!

Investor Tools

Property Icon
$1,139,000
Estimated Property Value
$979,090Estimated Mortgage Balance
$159,910Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,834 /month
Positive
Cash Flow Estimate:
$2,278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,927
$1,078,563
2025
$465,750
$612,813
$1,078,563
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,927
$1,078,563

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$987,700
No
First
Nov 12, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$979,090
$134,910
12%
86%
$5,922/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,922/mo
$-2,582/mo
3.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bellaire

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5108 Aspen St | Property Details | No Agent List