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$4,926,500

NAL Estimated Property Value

5328 Cherokee St, Houston, TX, 77005

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,261 Sq Ft
price_per_sqft$397.12 / sqft
Year BuiltBuilt in 1934

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,607 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN0541390000006
SubdivisionCherokee R/P
Land UseResidential
Legal DescriptionTR 6 BLK 1 CHEROKEE R/P
Census Tract412000
Assessed Land Value$1,442,350
Assessed Improvement Value$3,484,150
Assessment Year2025

About this property

This impressive lot is perfectly situated in one of Houston's oldest neighborhoods, on a wide tree-lined street with majestic cathedral oak and homes on expansive lots. This home has a 70’ wide frontage facing Cherokee street and is 150' deep, with paved alley access, allowing the entire lot to be utilized for your dream home, gorgeous backyard, and pool! This kind of opportunity only comes up once in a while, in this location, in one of Houston's most sought after neighborhoods. Zoned to all exemplary schools and near the Museum District, Rice University, and the medical center!

Investor Tools

Property Icon
$4,926,500
Estimated Property Value
$3,031,403Estimated Mortgage Balance
$1,895,097Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$29,559 /month
Positive
Cash Flow Estimate:
$9,853 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,627/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$78,893
$4,926,500
2025
$1,442,350
$3,484,150
$4,926,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$78,893
$4,926,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Northern Trust Co
Conventional
$3,150,000
No
First
Jul 26, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,031,403
$1,895,097
38%
62%
$18,624/mo

City: Houston

5328 Cherokee St | Property Details | No Agent List