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$908,000

NAL Estimated Property Value

5300 Mercer Street 10, Houston, TX, 77005

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths4 Bath
Baths2,814 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1147890050003
SubdivisionAuburn Place T/H
Land UseResidential
Legal DescriptionTH 5C BLDG 5 AUBURN PLACE T/H
Census Tract412400
Assessed Land Value$175,000
Assessed Improvement Value$465,708
Assessment Year2025

About this property

Ideal location in the heart of West Universtiy. Close proximity to Medical Center, Rice University, Downtown, Galleria, Rice Village. Open floor plan is great for entertaining and socializing. Recently updated kitchen. One bedroom and bath on first level. There is a larger 10x13 room off master upstairs. Study or den off large living room with fireplace. Washer, dryer and refrigerator included. Balcony for sitting and large secondary bedrooms. Private landscaped, shaded, and fenced backyard for enjoyment.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,720
$640,708
2025
$175,000
$465,708
$640,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,720
$640,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$409,500
No
First
Apr 6, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,828
$547,172
60%
40%
$2,456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,456/mo
+$124/mo
3.4%

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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5300 Mercer Street 10 | Property Details | No Agent List