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$629,990

5318 Fayette Street, Houston, TX, 77056

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.87 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Wood

Exterior

Lot Size3,271 sqft

Building Information

Year Built1995
Garage Spaces1

Land Information

APN0770870010018
Lot Number9
SubdivisionLamar Terrace
Land UseResidential
Legal DescriptionS 1/2 OF LT 9 BLK 1 LAMAR TERRACE
Census Tract432004
Assessed Land Value$261,760
Assessed Improvement Value$281,214
Assessment Year2025

About this property

Private Houston hideaway where gated living, David Weekley style & Galleria-area location come together beautifully! Inside an exclusive enclave of 4 homes w/ NO HOA, offering rare privacy, character & convenience. Soaring ceilings, rich hardwood floors, & natural light create an impressive first impression, while spacious formals w/ a fireplace provide warm, elegant spaces for entertaining. A private study adds flexibility for work or quiet retreat. The island kitchen shines w/ granite counters, dbl ovens, gas cooktop, walk-in pantry, generous storage & breakfast area overlooking a side patio w/ bubbling fountain. All bedrooms are upstairs, including a peaceful primary suite w/ double sinks, jetted tub, large shower & nearby laundry. The expansive 3rd-floor suite w/ full bath & oversized closet works perfectly as a game room, media room or 4th bedroom. Gated driveway access & proximity to St. George Place Elementary, Mandarin Immersion School & the Galleria complete this rare find.

Investor Tools

$330,405Estimated Mortgage Balance
$322,595Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,918 /month
Positive
Cash Flow Estimate:
$1,306 /month

Interested in this property?

Allen Elder

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,864
$542,974
2025
$261,760
$281,214
$542,974
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,864
$542,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$416,000
No
First
Aug 4, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,405
$322,595
49%
51%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,495/mo
+$845/mo
6.1%

City: Houston

5318 Fayette Street | Property Details | No Agent List