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$410,000

NAL Estimated Property Value

5313 Palmetto Street 1/2, Houston, TX, 77081

Off MarketInfo
LeaseInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths725 Sq Ft
Multi FamilyMulti Family
price_per_sqft$1.52 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringSlate, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,079 sqft

Building Information

Year Built1955
Garage Spaces1

Land Information

APN0771170020002
Lot Number2
SubdivisionPalmetto Plaza
Land UseResidential
Legal DescriptionLT 2 BLK 2 PALMETTO PLAZA
Census Tract421501
Assessed Land Value$177,000
Assessed Improvement Value$72,398
Assessment Year2025

About this property

An amazing apartment amongst the trees nestled right in the middle of Bellaire and Gulfton. A part of a close kit community of 10 unique homes, this one features a private walkway up to your fenced in front entry. Up the wooden stairs, this unique loft features slate flooring throughout. First floor has a bedroom/flex space with massive storage opening to a cozy kitchen area with in-house laundry and bonus area accessed through a wooden ladder. Be within minutes to everything, shopping, dining, entertainment and major freeways. All appliances included. $35/month for trash valet, water is prorated by landlord. Price is based on a minimum 2 year lease and pets on a case by case basis.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,022
$249,398
2025
$177,000
$72,398
$249,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,022
$249,398

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$410,000
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
5.0%

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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5313 Palmetto Street 1/2 | Property Details | No Agent List