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$120,000

NAL Estimated Property Value

5218 Pershing St, Houston, TX, 77033

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths767 Sq Ft
price_per_sqft$110.69 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,212 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0751890230010
Lot Number10
SubdivisionSouth Park
Land UseResidential
Legal DescriptionLT 10 BLK 23 SOUTH PARK SEC 1
Census Tract332000
Assessed Land Value$76,765
Assessed Improvement Value$27,844
Assessment Year2025

About this property

PRIME INVESTMENT OPPORTUNITY | BUILDER & DEVELOPER SPECIAL! Attention builders, developers, and savvy investors! Don't miss this incredible opportunity to acquire a spacious 6,210 sq. ft. lot in a rapidly appreciating, highly sought-after neighborhood. With stunning new construction booming all around, this property is perfectly positioned for your next lucrative project. The area is undergoing massive revitalization, and neighboring new builds are setting strong comparable sales. The expansive lot provides a fantastic blank canvas—whether you're looking to build a sprawling single-family dream home from the ground up or explore other development possibilities.

Investor Tools

Property Icon
$120,000
Estimated Property Value
$9,839Estimated Mortgage Balance
$110,161Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,592
$104,609
2025
$76,765
$27,844
$104,609
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,592
$104,609

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Walter Edwin Kretchmar Etal
N/A
$14,400
N/A
First
Oct 16, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,839
$110,161
91%
8%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
13.1%

City: Houston

5218 Pershing St | Property Details | No Agent List