22Days on Market

1view

$165,000

5218 Milwee Street 2, Houston, TX, 77092

On Market

3 Beds

3 Bath

1,200 Sq Ft

Condos / Townhouses

$137.5 / sqft

Built in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesMicrowave

FlooringTile, Vinyl

Exterior

Lot Size788 sqft

Building Information

Year Built1975

Stories2

Garage Spaces1

Land Information

APN1104640010002

SubdivisionHidden Oaks T/H U/R

Land UseResidential

Legal DescriptionUNIT 2 HIDDEN OAKS T/H U/R

Census Tract531300

Assessed Land Value$26,860

Assessed Improvement Value$132,908

Assessment Year2025

About this property

Discover modern comfort in this stylishly updated 2-bedroom townhome at 5218 Milwee St. Unit 2. The home features a bright, open-concept living area with rich wood-look flooring and a contemporary accent wall, perfect for both relaxation and creative inspiration. The renovated kitchen boasts elegant granite countertops, stainless steel appliances, and sleek white cabinetry, while the spacious bedrooms offer a peaceful retreat with ample natural light. Complete with updated bathrooms featuring matching granite vanities and a private outdoor patio, this move-in-ready residence offers a perfect blend of sophisticated design and functional living in a prime Houston location.

Investor Tools

$165,000

Estimated Property Value

$0Estimated Mortgage Balance

$0Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$990 /month

Positive

Cash Flow Estimate:

$330 /month

Interested in this property?

Aislinn Phelan

AEA Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$351/month

$725/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,389

$159,768

2025

$26,860

$132,908

$159,768

Tax History

Year

Tax Paid

Assessed Value

2024

$3,389

$159,768

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Magnolia Bank

Fha

$155,039

Yes

First

Sep 27, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$189,136

N/A

115%

$1,204/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,929/mo

$-207/mo

12.5%

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.

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