Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$611,000

NAL Estimated Property Value

5251 Indigo St, Houston, TX, 77096

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,184 Sq Ft
price_per_sqft$274.27 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,969 sqft

Building Information

Year Built1958
Stories1
Garage Spaces2

Land Information

APN0853820000002
Lot Number2
SubdivisionMeyerland
Land UseResidential
Legal DescriptionLT 2 BLK 25 MEYERLAND SEC 3
Census Tract420800
Assessed Land Value$313,950
Assessed Improvement Value$223,418
Assessment Year2025

About this property

Pretty as a picture! Welcome to 5251 Indigo, ideally located in the northern section of Meyerland close to new construction! This updated home is situated on a wonderful, 8900+sf lot and offers a huge greenspace for play and gardening & a 2024 generator for piece of mind. The interior floorplan is spacious with 3 bedrooms, 2-1/2 baths, oversized family room open to chef's kitchen, beautiful formal dining and a charming study/home office. Amazing views from the den with floor-to-ceiling windows overlooking the backyard. A pergola covers an oversized patio for outdoor entertaining. Many seller updates and no flooding. Don't miss this gem in Meyerland, zoned to excellent schools and close to parks, tennis, Meyerland Plaza, HEB and Texas Med Center! *All per seller.

Investor Tools

Property Icon
$611,000
Estimated Property Value
$396,280Estimated Mortgage Balance
$214,720Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,666 /month
Positive
Cash Flow Estimate:
$1,222 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$911/month
$552/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,883
$537,368
2025
$313,950
$223,418
$537,368
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,883
$537,368

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$404,000
No
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,280
$219,720
35%
65%
$2,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,975/mo
$-1,253/mo
3.4%

City: Houston

5251 Indigo St | Property Details | No Agent List