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$290,000

NAL Estimated Property Value

5401 Jessamine St, Houston, TX, 77081

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$387.38 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size8,255 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0752290010009
Lot Number9
SubdivisionBell Haven R/P
Land UseResidential
Legal DescriptionLT 9 BLK 1 BELL HAVEN R/P
Census Tract421602
Assessed Land Value$244,365
Assessed Improvement Value$15,970
Assessment Year2025

About this property

LLarge 8255 SF corner lot in a great location with an excellent opportunity for new construction or live in now and build later! Recent streets and curbs with $1M+ homes all around. 4 blocks to Bellaire Blvd, restaurants, shopping, HEB. 2 blocks to Zindler Park, Aquatic Center, basketball courts, etc. Walk 2 blocks to Condit Elementary. Just minutes to Medical Center, Galleria or downtown. Zoned to Condit Elementary, Pershing Middle and Bellaire High schools! Never flooded.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$271,386Estimated Mortgage Balance
$18,614Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$873
$260,335
2025
$244,365
$15,970
$260,335
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2024
$873
$260,335

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$276,250
No
First
May 14, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,386
$24,614
8%
94%
$1,657/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,657/mo
$-350/mo
5.4%

City: Houston

5401 Jessamine St | Property Details | No Agent List