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$2,284,451

NAL Estimated Property Value

5218 Piping Rock Ln, Houston, TX, 77056

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths2,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.95 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size10,489 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0791500020006
Lot Number6
SubdivisionDel Monte
Land UseResidential
Legal DescriptionLT 6 BLK 2 DEL MONTE SEC 2
Census Tract431801
Assessed Land Value$651,744
Assessed Improvement Value$1,632,707
Assessment Year2025

About this property

Great opportunity for new construction or renovation on this prime Del Monte II lot situated in the heart of the neighborhood. This 10,490sq.ft. (per HCAD) interior lot is surrounded by new and recent construction as well as updated classic 1950’s ranch style homes. Del Monte II is an intimate neighborhood between Sage Road and Yorktown, just south of Tanglewood. The location is convenient to area public and private schools and shopping in the Uptown and Post Oak areas, with easy access to610, 59, and I-10. The home features generous square footage and ample living space. It is being sold AS IS with no repairs and shown on a limited basis. Appointment necessary to walk the lot. Home is occupied.

Investor Tools

Property Icon
$2,284,451
Estimated Property Value
$1,156,875Estimated Mortgage Balance
$1,127,576Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,707 /month
Positive
Cash Flow Estimate:
$4,569 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,063/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,331
$2,284,451
2025
$651,744
$1,632,707
$2,284,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,331
$2,284,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank
Conventional
$1,200,000
No
First
May 29, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,156,875
$1,127,576
49%
51%
$7,195/mo

City: Houston

5218 Piping Rock Ln | Property Details | No Agent List