Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$222,644

NAL Estimated Property Value

5215 Mccormick St, Houston, TX, 77023

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,080 Sq Ft
price_per_sqft$212.87 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1920
Stories1

Land Information

APN0542580000015
Lot Number15
SubdivisionBeverly Park
Land UseResidential
Legal DescriptionLT 15 BLK 4 BEVERLY PARK
Census Tract310600
Assessed Land Value$150,000
Assessed Improvement Value$72,644
Assessment Year2025

About this property

This quaint unique 2 bed/1 bath home w/ Central Air & Heat located in the East End Revitalized area sits on a 5k sq ft lot and is priced to sell. Orig Hardwood floors, spacious bedrooms. This home has never flooded during any of the heavy storms. A must-see home perfect for that starter home or an investor looking to buy and hold to add this rental to your Property portfolio. Either way, this home will not last long. Centrally located and minutes from Downtown, U of H, Midtown & Med Center with easy access to I-45/59/610/225 and more. Schedule your showing today!

Investor Tools

Property Icon
$222,644
Estimated Property Value
$130,583Estimated Mortgage Balance
$92,061Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,353
$222,644
2025
$150,000
$72,644
$222,644
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,353
$222,644

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$134,800
No
First
Aug 19, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,583
$92,061
41%
59%
$809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$809/mo
+$913/mo
9.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...