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Owner Contacts

$262,000

NAL Estimated Property Value

5406 Colmesneil St, Pearland, TX, 77584

Off Market

3 Beds

2 Bath

1,291 Sq Ft

Single Family Residence

$205.27 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Electric

Cooling

AppliancesDisposal, Microwave, Electric Range, Dishwasher, Oven

FlooringCarpet, Tile

Exterior

Lot Size9,204 sqft

Building Information

Year Built1975

Stories1

Roof Type105

Garage Spaces2

Land Information

APN2970-0767-000

Lot Number67

SubdivisionCorrigan

Land UseResidential

Legal DescriptionCORRIGAN (PEARLAND), BLOCK 8, LOT 67 SEC 4

Census Tract660804

Assessed Land Value$27,610

Assessed Improvement Value$201,610

Assessment Year2025

About this property

Welcome to this charming, well maintained, NO Neighbors Behind, Oversized Corner lot located in the Heart of Pearland w/ Great Schools, NO HOA DUES, Convenient to Magnolia Pkwy, Hwy 35 & Beltway 8. Step inside to a bright & light Spacious living w/French doors & dining room alongside kitchen w/ lots of cabinets and 2 new windows. A peaceful Primary bedroom complete w/en-suite bath & two secondary bedrooms for family, home office or flex room. Enjoy the Expansive Covered backyard patio with added concrete & sidewalk to walk between porches featuring exterior lights, numerous outlets, motion lights & cameras for a perfect blend of relaxation or entertainment. Updates include New Roof, front & back doors incl garage doors & opener, fresh Int /ext paint, recent HVAC system. Check out Centennial Park, just minutes away & indulge in picnic areas, tennis, basketball, softball, & splash pad. Relish in nearby restaurants, entertainment & shopping. Per seller Never Flooded.

Investor Tools

$262,000

Estimated Property Value

$248,442Estimated Mortgage Balance

$13,558Estimated Equity

5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$285/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,116

$171,716

2025

$27,610

$201,610

$229,220

Tax History

Year

Tax Paid

Assessed Value

2024

$2,116

$171,716

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sierra Pacific Mortgage Co Inc

Conventional

$251,750

First

Aug 28, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$248,442

$13,558

95%

$1,510/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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