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$410,000

NAL Estimated Property Value

5313 Palmetto Street A, Houston, TX, 77081

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths1,004 Sq Ft
ApartmentApartment
price_per_sqft$1.09 / 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, Dryer, Washer/Dryer Stacked, Dishwasher
FlooringSlate, Tile, Wood

Exterior

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

Tucked away in the heart of Gulfton with close proximity to Bellaire/Medical Center, this hidden 1/1 apartment amongst steel walls and mature trees will feel like living in a fairy tale. Through a front courtyard, an open concept floor plan features beautiful slate tile flooring to an efficient island kitchen opening to the living and dining areas. The massive primary bedroom features rich hardwood floors and immediate access to a private outdoor patio space. The gorgeous bathroom features a magnificent steel, clawfoot tub accented by timeless tiles and classic wood work for a step back into time ambiance. This home is truly move-in ready with all appliances including washer and dryer. With nearby street parking, the location offers walking distance to parks, stores and entertainment. Pets on a case by case basis, 2 year lease term or longer, contact agent for showings or rental requirements.

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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 A | Property Details | No Agent List