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$482,073

5131 Del Monte Dr, Houston, TX, 77056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,156 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$158.11 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Gas Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Terrazzo, Tile, Wood

Exterior

Lot Size3,964 sqft

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN0904670000007
SubdivisionDel Monte Terrace
Land UseResidential
Legal DescriptionTR 7A BLK 2 DEL MONTE TERRACE
Census Tract431803
Assessed Land Value$201,960
Assessed Improvement Value$280,113
Assessment Year2025

About this property

This 3,156 sq. ft. Del Monte Terrace townhouse is located on a quiet dead end cul-de-sac street across from St. Michael’s Church, an excellent inner-city Galleria/Tanglewood area address. The entry has terrazzo floors and an 18 foot ceiling with stairs to second level. Full bedroom and bath downstairs. Living area with refinished parquet flooring overlooks large private courtyard with new hardi board siding. Wet bar. Large kitchen with courtyard views and access to attached two car garage and utility room. Upstairs to two large bedrooms with private baths and amazing closet space. Recent paint and hot water heater. New membrane roof by Ochoa Roofing in 2024. New carpet upstairs. A/C and Heat tuned up with new zone down in 2024. No HOA fees. Zoned to Briargrove Elementary and Tanglewood Middle School. A fine location and great value.

Investor Tools

Property Icon
$482,073
Estimated Property Value
$173,500Estimated Mortgage Balance
$403,056Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,002/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,613
$482,073
2025
$201,960
$280,113
$482,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,613
$482,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sharon W Flick
Seller Carryback / Seller Financing / Seller Take-Back
$173,500
No
First
Dec 1, 2005
Mar 2006

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,017
$403,056
83%
16%
$1,041/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,041/mo
+$1,539/mo
6.4%

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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5131 Del Monte Dr | Property Details | No Agent List