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$390,000

NAL Estimated Property Value

5324 Avenue J, Houston, TX, 77011

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,530 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$143.79 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,451 sqft

Building Information

Year Built2009
Garage Spaces1

Land Information

APN1283250010017
Lot Number17
SubdivisionWaterhill Homes On Navigation Street
Land UseResidential
Legal DescriptionLT 17 BLK 1 WATERHILL HOMES ON NAVIGATION STREET
Census Tract310500
Assessed Land Value$58,000
Assessed Improvement Value$212,273
Assessment Year2025

About this property

Wonderful two-bedroom townhome located in a gated community close to neighborhood restaurants along Navigation Blvd, a short bike ride from Eastwood Park and a quick commute to downtown for work or entertainment! The second floor features a nice open floor plan with hardwood floors, kitchen with granite counters and breakfast bar, spacious living and dining and a powder bath. The primary suite with walk-in closet and bath with two separate vanities and tub/shower complete the second floor. Downstairs there is an additional bedroom with en-suite bath that would be a perfect home office or guest bedroom. The two-car garage has additional storage space and there is room outside for a grill. This well-maintained community also has guest parking spaces available. You will love living so close to work and play!

Investor Tools

Property Icon
$390,000
Estimated Property Value
$151,290Estimated Mortgage Balance
$238,710Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,664
$270,273
2025
$58,000
$212,273
$270,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,664
$270,273

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Associates Inc
Conventional
$169,600
No
First
Oct 2, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,290
$247,710
62%
39%
$1,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,137/mo
+$170/mo
4.0%

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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5324 Avenue J | Property Details | No Agent List