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$253,000

NAL Estimated Property Value

5227 Eigel St # B, Houston, TX, 77007

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths1,182 Sq Ft
Multi FamilyMulti Family
price_per_sqft$379.86 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringLaminate, Tile

Exterior

Lot Size2,675 sqft

Building Information

Year Built1956
Stories1

Land Information

APN0101810000024
Lot Number24
SubdivisionCottage Grove
Land UseResidential
Legal DescriptionLT 24 COTTAGE GROVE SEC 1
Census Tract510602
Assessed Land Value$227,375
Assessed Improvement Value$100
Assessment Year2025

About this property

Two houses on two lots. First house 1,182 Sq feet with 2 bedrooms and 2 bathrooms. Second House has 1,163 Sq Feet with 2 bedrooms and 1 full bath. Fantastic investment opportunity in the sought out area of Cottage Grove. This property offer 2 separate houses, live in one and rent the other. Completely updated and ready for you to start generating rental income. Private gated driveway with lots of parking. Endless opportunities to rent both houses or live in one and rent the other. Start generating rental income fast with these fantastic houses.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$303,904Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,119
$227,475
2025
$227,375
$100
$227,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,119
$227,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Box Home Loans
Conventional
$336,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,904
N/A
0%
120%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,015/mo
$-55/mo
9.3%

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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5227 Eigel St # B | Property Details | No Agent List