$1,510,000
NAL Estimated Property Value5111 Grand Lake St, Bellaire, TX, 77401
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Microwave, Electric Range, Dishwasher, Refrigerator, Cooktop
FlooringCarpet, Tile, Wood
Exterior
Lot Size10,123 sqft
Building Information
Year Built1992
Garage Spaces3
Land Information
APN0830810000005
Lot Number5
SubdivisionPeaceful Valley
Land UseResidential
Legal DescriptionLT 5 PEACEFUL VALLEY SEC 2
Census Tract420900
Assessed Land Value$584,820
Assessed Improvement Value$797,856
Assessment Year2025
About this property
Beautiful home with many updates located on a spacious lot (10,125 HCAD) in the heart of Bellaire. This gorgeous home boasts A+ curb appeal, sparkling pool, 4-5 bedrooms, oversized gameroom and detached quarters. Recently updated kitchen and home features a tankless hot water heater. Mudroom, optional study. Quarters with bedroom, full bath (485 sf per appraisal) not included in square footage of home. Hardwoods and pretty millwork throughout. Don't miss this fantastic house..will check every box on your list!
Investor Tools
$1,510,000
Estimated Property Value
$795,697Estimated Mortgage Balance
$714,303Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,060 /month
Positive
Cash Flow Estimate:
$3,020 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,296/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,003
$1,382,676
2025
$584,820
$797,856
$1,382,676
No
Tax History
Year
Tax Paid
Assessed Value
2024
$20,003
$1,382,676
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$892,000
No
First
Oct 15, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$795,697
$677,303
45%
53%
$5,348/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,348/mo
$-2,008/mo
2.7%
