NoAgentList RatingHow are grades calculated?

125Days on Market

1view

$220,000

5220 Memorial Drive 5220, Houston, TX, 77007

On Market

1 Beds

1 Bath

928 Sq Ft

Condos / Townhouses

$237.07 / sqft

Built in 1960

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Electric Range, Dishwasher

FlooringLaminate, Tile

Building Information

Year Built1960

Land Information

APN1061340000220

SubdivisionHillside T/H Condo

Land UseResidential

Legal DescriptionUNIT 5220 EAST BLDG .0200 INT COMMON LAND & ELE HILLSIDE T/H CONDO 2ND AMEND

Census Tract510803

Assessed Land Value$39,797

Assessed Improvement Value$169,661

Assessment Year2025

About this property

Contemporary 1 bedroom, 1 bath condominium located in the Hillside Townhomes community. This 928 sq/ft unit features an open living and dining layout with high ceilings, exposed wood beams, ceiling fan, and large windows providing abundant natural light. Living area includes a fireplace and built-in shelving. Kitchen offers electric range, single oven, dishwasher, disposal, ample cabinetry, and functional counter space. Primary bedroom includes generous proportions and access to full bath with tub/shower combo. Central electric heating and cooling. Community amenities include a pool and landscaped grounds. Zoned to Memorial Elementary, Hogg Middle School, and Lamar High School. Convenient access to I-10, Memorial Drive, and nearby dining and shopping. Schedule your private showing today!

Investor Tools

$218,000

Estimated Property Value

$0Estimated Mortgage Balance

$218,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,320 /month

Positive

Cash Flow Estimate:

$440 /month

Interested in this property?

Aaron Greeley

CB&A, Realtors-Katy

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$298/month

$492/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,485

$209,458

2025

$39,797

$169,661

$209,458

Tax History

Year

Tax Paid

Assessed Value

2024

$2,485

$209,458

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$218,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$492/mo

+$1,148/mo

9.0%

Learn About the Market: Opportunity in Houston

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