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$577,000

NAL Estimated Property Value

5238 Valkeith Dr, Houston, TX, 77096

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringLaminate, Terrazzo, Tile

Exterior

Lot Size8,485 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0930430000002
Lot Number2
SubdivisionMeyerland
Land UseResidential
Legal DescriptionLT 2 BLK 19 MEYERLAND SEC 8 R/P F
Census Tract420700
Assessed Land Value$291,341
Assessed Improvement Value$175,515
Assessment Year2025

About this property

This charming home has been recently updated with modern touches. The kitchen features granite countertops and newly installed cabinets, opening into a spacious breakfast area and large den. Terrazzo floors gleam in the den and kitchen, complemented by rich laminate wood flooring in the formal rooms and bedrooms. A highlight is the fantastic covered patio, perfect for enjoying the backyard. A unique feature is the one-bedroom apartment adjacent to the patio, ideal as a guest suite, home office, or for other versatile uses with a full bath. Located near Kolter Elementary and Meyerland Middle schools, and zoned to Bellaire High School, the home offers easy access to freeways, the Texas Medical Center, downtown, the Galleria area, and more. Don't miss out on this wonderful opportunity!

Investor Tools

Property Icon
$577,000
Estimated Property Value
$65,670Estimated Mortgage Balance
$511,330Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,462 /month
Positive
Cash Flow Estimate:
$1,154 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,641
$466,856
2025
$291,341
$175,515
$466,856
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,641
$466,856

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$158,000
No
First
Dec 28, 2004
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,670
$525,330
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
4.6%

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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5238 Valkeith Dr | Property Details | No Agent List