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$382,279

NAL Estimated Property Value

5124 Polk Lot 17 Street, Houston, TX, 77023

Off MarketInfo
Baths1 Bath
Baths1,201 Sq Ft
price_per_sqft$182.43 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,899 sqft

Building Information

Year Built1940

Land Information

APN0552360000021
SubdivisionEast View
Land UseResidential
Legal DescriptionTR 6A BLK 1 EAST VIEW
Census Tract310600
Assessed Land Value$142,703
Assessed Improvement Value$239,576
Assessment Year2025

About this property

One story home on a large lot located on Clay Avenue, right off of the major throughway of Polk in the desirable Eastend. NEW KITCHEN, NEW RESIDENTIAL BATHROOM, at a GREAT PRICE. The lot next to this property is also for sale, see mls#90791389, both lots combined are a total of 10,600 SF. Easy access to I-45, Downtown Houston, MedCenter, Parks, Zoo and more. Showing by appointment only.

Investor Tools

Property Icon
$382,279
Estimated Property Value
$268,019Estimated Mortgage Balance
$114,260Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,294 /month
Positive
Cash Flow Estimate:
$765 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,412
$382,279
2025
$142,703
$239,576
$382,279
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,412
$382,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$300,457
Yes
First
Oct 26, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,019
$114,260
29%
70%
$1,802/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,802/mo
$-80/mo
5.4%

Learn About the Market: Opportunity in Houston

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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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5124 Polk Lot 17 Street | Property Details | No Agent List