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$805,000

NAL Estimated Property Value

5361 Fairdale Ln, Houston, TX, 77056

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,249 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size3,302 sqft

Building Information

Year Built1999
Stories3
Garage Spaces1

Land Information

APN0770870070002
Lot Number2
SubdivisionLamar Terrace
Land UseResidential
Legal DescriptionE 1/2 OF LT 2 BLK 7 LAMAR TERRACE
Census Tract432004
Assessed Land Value$264,000
Assessed Improvement Value$333,003
Assessment Year2025

About this property

Prime location Unique style luxury 3 stories house in Galleria area Close to hwy 59 n 610 Perfect for entertaining with high end speakers throughout the house and backyard and added smart home features w/24 nbhd security Stunning skyline views of the galleria area from multiple balconies one with direct access from the kitchen with spiral stairs to backyard Large shaded porch on the 1st floor with access from both bedrooms Main entrance from the 2nd floor takes you to a stylish livinroom w/wall of windows n Fp Open living n dining, Private den opens to a spacious island kitchen and bkfst room 1st floor has 2 Bdrm w/ a jack and jill bath. 3rd floor has a huge primary room, bath n 2 closets library w/a walkin closet n french door can be the 4th Bdrm There are 3 elevator closets & garage closets walking distance to St George Place Elem and Mandarin Immersion magnet school Comes with all recently updated stainless steel appliances and washer and dryer

Investor Tools

Property Icon
$805,000
Estimated Property Value
$388,326Estimated Mortgage Balance
$416,674Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,830 /month
Positive
Cash Flow Estimate:
$1,610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,265
$597,003
2025
$264,000
$333,003
$597,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,265
$597,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$447,300
No
First
Sep 16, 2019
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,326
$397,674
50%
48%
$2,682/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,682/mo
$-102/mo
3.8%

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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5361 Fairdale Ln | Property Details | No Agent List