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$598,000

NAL Estimated Property Value

5223 Braesheather Dr, Houston, TX, 77096

$639,479 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,239 Sq Ft
price_per_sqft$117.72 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop
FlooringBrick, Carpet, Concrete, Stone, Tile

Exterior

Private PoolPrivate Pool
Lot Size11,539 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN0943080000028
Lot Number28
SubdivisionMeyerland
Land UseResidential
Legal DescriptionLT 28 BLK 26 MEYERLAND SEC 8 R/P I
Census Tract420700
Assessed Land Value$340,008
Assessed Improvement Value$89,761
Assessment Year2025

About this property

This spectacular classic contemporary structure is being offered at lot value only and being sold "As-Is". The unique architectural design by Preston Bolton is iconic. The opportunities are endless for you to consider reimagining this home with your personal touches or tearing it down and starting new on this tree-lined lot in Meyerland. As you enter the home natural light from the atrium flows seamlessly thru from the game room, to the kitchen, the family and dining spaces. The first floor offers a Primary Suite with study, high ceilings with recessed can lighting and exposed brick flooring in the game room. There are three over-sized bedrooms with great windows for continued natural light and two full bathrooms on the second floor. Amazing amount of storage in this home including 8 walk-in closets.. The convenient location of the home offers easy access to the Galleria, Texas Medical Center, Downtown and Greenway Plaza.

Investor Tools

Property Icon
$598,000
Estimated Property Value
$0Estimated Mortgage Balance
$598,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$639,479
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,588 /month
Positive
Cash Flow Estimate:
$1,196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$975/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,706
$429,769
2025
$340,008
$89,761
$429,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,706
$429,769

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$570,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$600/mo
+$1,626/mo
4.5%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5223 Braesheather Dr | Property Details | No Agent List