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$419,000

NAL Estimated Property Value

5311 Palmetto Street C, Houston, TX, 77081

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths2 Bath
Baths1,376 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Electric Oven, Oven, Electric Range, Dryer, Refrigerator, Dishwasher, Washer
FlooringSlate, Tile, Wood

Exterior

Exterior FeaturesCourtyard
Lot Size7,079 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APN0771170020003
Lot Number3
SubdivisionPalmetto Plaza
Land UseResidential
Legal DescriptionLT 3 BLK 2 PALMETTO PLAZA
Census Tract421501
Assessed Land Value$177,000
Assessed Improvement Value$56,237
Assessment Year2025

About this property

With a minimum 2 year lease, call home this fantastic townhome hidden amongst the trees nestled right in the middle of Bellaire and Gulfton. A part of a close-knit community of 10 unique homes, this one features a private driveway up to your fenced-in backyard, or you can enter through your front door from a private walkway under a covered patio. This unique two-story townhome features slate flooring throughout and soaring ceilings. The first floor has a bedroom/flex space with massive storage opening to a cozy kitchen area with in-house laundry. This area can be a second bedroom or an enormous living room equipped with a full bathroom. Up the wooden banister stairs through classic stained windows, an open loft allows for a spacious bedroom. Be within minutes of everything, shopping, dining, entertainment, and major freeways. All appliances included. Pets on a case-by-case basis. Call us for more details.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,687
$233,237
2025
$177,000
$56,237
$233,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,687
$233,237

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$419,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.9%

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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5311 Palmetto Street C | Property Details | No Agent List