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$417,499

NAL Estimated Property Value

5324 Nett Street B, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,175 Sq Ft
price_per_sqft$197.66 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,599 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN1255940010005
Lot Number5
SubdivisionSchuler Street
Land UseResidential
Legal DescriptionLT 5 BLK 1 SCHULER STREET T/H SEC 2 AMEND
Census Tract510602
Assessed Land Value$184,960
Assessed Improvement Value$232,539
Assessment Year2025

About this property

Welcome home to 5324 Nett St # B! This beautiful three-story townhome is sure to wow you. Located in highly sought-after Rice Military, location is key! Minutes from Downtown, Galleria and a short walk to Memorial Park. As you enter the home, you will find a first-floor bedroom nestled towards the back with a full bathroom and access to the backyard with green space. Head up to the second floor to be greeted with the bright living, dining and open concept kitchen. Gourmet kitchen includes granite countertops and plenty of cabinets. Refrigerator is included. Half bath on this floor is perfect for entertaining. This floor also has a cute balcony for morning coffee or evening relaxing. Head up the stairs to find two more bedrooms, including the over-sized primary with ensuite bath. All rooms have walk-in closets. Check out the third story balcony as well and enjoy the views! HOA fee includes water, trash and lawncare in the front. You are sure to love this quiet community! Tour today.

Investor Tools

Property Icon
$417,499
Estimated Property Value
$351,367Estimated Mortgage Balance
$66,132Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,579 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$1,225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,141
$417,499
2025
$184,960
$232,539
$417,499
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,141
$417,499

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Conventional
$379,800
No
First
May 27, 2022
Jun 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,367
$66,132
15%
84%
$2,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,503/mo
$-923/mo
7.4%

Learn About the Market: Opportunity in Houston

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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 Nett Street B | Property Details | No Agent List