13Days on Market

4view

$84,900

5218 Pershing St, Houston, TX, 77033

On Market

Just Added

2 Beds

1 Bath

767 Sq Ft

Single Family Residence

$110.69 / sqft

Built in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

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

$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

Interested in this property?

Antonio Rodriguez

Keller Williams Houston Central

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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

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%

$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%

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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