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$549,000

NAL Estimated Property Value

5110 Fairmont St, Houston, TX, 77005

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths4 Bath
Baths1,962 Sq Ft
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Concrete, Wood

Exterior

Exterior FeaturesTrash Pick Up
Lot Size1,276 sqft

Building Information

Year Built1998
Stories3
Garage Spaces1

Land Information

APN0552860000037
SubdivisionCollege Court Place
Land UseResidential
Legal DescriptionTR 16A BLK 11 COLLEGE COURT PLACE
Census Tract411801
Assessed Land Value$189,975
Assessed Improvement Value$269,998
Assessment Year2025

About this property

Make the discovery of this 3-story townhome in the West University area. Come home to prepare meals quickly and efficiently in this functionally designed kitchen. The converted garage is now a family room that will be the 'fun center' for you and your family guests. The master suite has two closets - one in the room and one in the bathroom. The master bath contains two lavatories that are placed on each side of the room for separate access, separate use during the morning rush hour.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,878
$459,973
2025
$189,975
$269,998
$459,973
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,878
$459,973

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstone Financial Services Inc
Conventional
$179,500
No
First
Apr 1, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,038
$378,962
70%
30%
$1,077/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,077/mo
+$1,503/mo
5.6%

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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