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$321,000

NAL Estimated Property Value

5123 Redemption Cir, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,726 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.3 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size3,602 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1250100010031
Lot Number31
SubdivisionDominion Estates Amend
Land UseResidential
Legal DescriptionLT 31 BLK 1 DOMINION ESTATES SEC 2 AMEND
Census Tract530900
Assessed Land Value$103,500
Assessed Improvement Value$186,854
Assessment Year2025

About this property

Stunning 3-bed, 2.5-bath home boasting an open layout, high ceilings, and an abundance of natural light. The kitchen showcases stainless steel appliances, cherry wood cabinets, and tile floors. The primary bedroom features a walk-in closet and spacious ensuite. Enjoy the convenience of an upstairs laundry with extra storage and ample closet space throughout. Entertain in the large backyard or utilize the 2-car garage with additional parking. Stay prepared with a included generator for power outages. Prime location near Downtown, the Galleria, upcoming HEB, and top shopping and dining destinations.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$50,467Estimated Mortgage Balance
$270,533Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$126
$290,354
2025
$103,500
$186,854
$290,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
$126
$290,354

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Metmortgage Ltd
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$108,500
No
First
Mar 15, 2006
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,467
$270,533
84%
16%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$800/mo
+$922/mo
6.4%

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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5123 Redemption Cir | Property Details | No Agent List