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B+
NoAgentList RatingHow are grades calculated? Info
Days150Days on Market
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$400,000

$409,000

5206 Petty St, Houston, TX, 77007

On MarketInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,782 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN1294770010001
Lot Number1
SubdivisionSage R/P No 1
Land UseResidential
Legal DescriptionLT 1 BLK 1 SAGE R/P NO 1
Census Tract510901
Assessed Land Value$124,670
Assessed Improvement Value$236,392
Assessment Year2025

About this property

Welcome to 5206 Petty Street, nestled in the desirable Cottage Grove area of The Heights! This stunning 3-bedroom, 3.5-bath corner-lot home offers the perfect blend of luxury and convenience—with NO HOA and LOW property taxes. Enjoy easy access to nearby restaurants, breweries, coffee shops, parks, trails, Memorial Park, Memorial City Mall, UH, Rice University, and more. The home features a classic stucco exterior and an open floor plan filled with natural light. Highlights include a sunken living room with fireplace, a gourmet kitchen with cherry wood cabinetry, granite countertops, and hardwood floors throughout—NO carpet! You'll love the soaring ceilings, two private balconies, and a spacious family room perfect for entertaining or relaxing. The primary suite features dual vanities, a jetted tub, and a separate glass-enclosed shower. NEW water heater (2024). Don’t miss this exceptional home in one of Houston’s most vibrant neighborhoods—schedule your private showing today!

Investor Tools

Property Icon
$420,000
Estimated Property Value
$251,400Estimated Mortgage Balance
$221,398Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Richard Garcia

RE/MAX Signature

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$541/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,386
$361,062
2025
$124,670
$236,392
$361,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,386
$361,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Impac Mortgage
Conventional
$251,400
No
First
Aug 5, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,673
$220,327
52%
48%
$1,508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,508/mo
+$1,072/mo
7.4%

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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5206 Petty St | Property Details | No Agent List