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$261,000

5209 Pease St, Houston, TX, 77023

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.79 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesRefrigerator

Exterior

Lot Size3,999 sqft

Building Information

Year Built1925
Stories1

Land Information

APN0121320100026
Lot Number26
SubdivisionDissen Heights
Land UseResidential
Legal DescriptionLT 26 BLK 10 DISSEN HEIGHTS
Census Tract310600
Assessed Land Value$144,000
Assessed Improvement Value$82,673
Assessment Year2025

About this property

Great opportunity for a rental that includes a garage apartment with kitchen, living, bedroom and bathroom. This property comes with refrigerator in both the main house and garage apartment. Connection for washer and dryer in the main house. Spacious living areas in both quarters with additional study area in the main house. Lots of space, this property is a must see!!!

Investor Tools

Property Icon
$261,000
Estimated Property Value
$138,750Estimated Mortgage Balance
$136,980Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,567
$226,673
2025
$144,000
$82,673
$226,673
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,567
$226,673

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$138,750
No
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,020
$131,980
51%
48%
$832/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$832/mo
+$475/mo
6.0%

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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5209 Pease St | Property Details | No Agent List