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$1,657,000

5344 Institute Ln, Houston, TX, 77005

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$407.77 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size3,223 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1305800010008
Lot Number8
SubdivisionThirty Sunset
Land UseResidential
Legal DescriptionLT 8 BLK 1 THIRTY SUNSET
Census Tract411902
Assessed Land Value$460,102
Assessed Improvement Value$1,023,637
Assessment Year2025

About this property

This Museum area patio home sits at the end of a quiet street in a gated and private three home enclave with a cobblestone drive. The formal entry opens to the stair hall with a beautiful winding stairway to all levels. A downstairs guest room and a covered patio overlook a small, landscaped yard with a fountain. Elevator to all levels. Second floor living with formals and a well-equipped kitchen opening to the family room. Lots of natural light & balcony access. Third floor owner’s haven includes the primary bedroom with a fireplace & covered balcony. Nice bath and walk in closets. Two offices on this level offer individual private space. Fourth floor bedroom with full bath with wall of built-ins, is currently used as a Game/TV room. French doors open to an awesome roof deck with amazing views of downtown! Especially at night! Covered outdoor kitchen and a fireplace with a limestone mantle. Enjoy entertaining, private workspaces and the value of lock and leave convenience and privacy!

Investor Tools

Property Icon
$1,657,000
Estimated Property Value
$802,500Estimated Mortgage Balance
$868,632Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,080 /month
Positive
Cash Flow Estimate:
$3,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,164/month
$6,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,683
$1,483,739
2025
$460,102
$1,023,637
$1,483,739
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,683
$1,483,739

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$802,500
No
First
May 14, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$788,368
$857,632
52%
48%
$4,812/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$10,812/mo
$-8,852/mo
1.4%

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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5344 Institute Ln | Property Details | No Agent List