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Owner Contacts

$248,360

NAL Estimated Property Value

5223 Clay St, Houston, TX, 77023

Off Market

2 Beds

2 Bath

1,257 Sq Ft

$175.02 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Refrigerator

FlooringTile, Wood, Vinyl

Exterior

Lot Size6,700 sqft

Building Information

Year Built1956

Stories1

Garage Spaces1

Land Information

APN0651180030013

Lot Number14

SubdivisionWilson Place

Land UseResidential

Legal DescriptionLT 14 & TR 13 BLK 3 WILSON PLACE

Census Tract310600

Assessed Land Value$175,500

Assessed Improvement Value$72,860

Assessment Year2025

About this property

Investor Opportunity – Prime Location with Historic Charm! Discover the potential of this 1956 gem located in a central and highly sought-after area! Just minutes from Downtown, the University of Houston, the Texas Medical Center, Midtown, and the vibrant dining and entertainment scene of EaDo, this 3-bedroom, 2-bath home offers unbeatable convenience and connectivity. Situated with easy access to major freeways and public transportation, the location makes this property ideal for investors or buyers seeking a project with long-term value. Bursting with vintage character and original charm, the home is being sold as-is, presenting a unique opportunity to restore or reimagine to your vision. A quote was given to install central HVAC as well as foundation repair. Located in attachments. Don't miss your chance to own in one of Houston’s most dynamic areas!

Investor Tools

$248,360

Estimated Property Value

$155,097Estimated Mortgage Balance

$93,263Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,490 /month

Positive

Cash Flow Estimate:

$497 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$109/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$61

$248,360

2025

$175,500

$72,860

$248,360

Tax History

Year

Tax Paid

Assessed Value

2024

$61

$248,360

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$156,000

First

Jan 15, 2026

Feb 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$155,097

$93,263

37%

62%

$936/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$936/mo

+$786/mo

8.3%

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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