Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$485,000

5407 Lake Place Drive, Houston, TX, 77041

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.41 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Lot Size5,563 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1188100010013
Lot Number13
SubdivisionLakes On Eldridge
Land UseResidential
Legal DescriptionLT 13 BLK 1 LAKES ON ELDRIDGE SEC 9
Census Tract540101
Assessed Land Value$88,147
Assessed Improvement Value$336,853
Assessment Year2025

About this property

Welcome to 5407 Lake Place Drive, a well appointed 2800 SF single family in the Gated Community of the Lakes on Eldridge. Ideally located on a quiet cul-de-sac with a great floor plan featuring a Primary bedroom on the first level, a large Game Room up, good size family room, formal dining and home office/study. The home has been freshly painted inside and out, recent roof & air conditioning, and new flooring throughout the 2nd floor. Primary bedroom is a great size with en-suite bathroom featuring a jetted tub, separate large shower and dual vanities. Lakes on Eldridge has 7 lakes with walking/ jogging trails around them; recreation opportunities include an Olympic size pool, tennis/ pickle ball courts, beach volleyball court, playgrounds, exercise room, and clubhouse. This is a true community to enjoy with your family! For Sale/For Lease. Call for a private tour!

Investor Tools

$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Toke Ettehadieh

Century 21 Olympian - Toke Properties

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
$2,040/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,093
$425,000
2025
$88,147
$336,853
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,093
$425,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$495,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$2,040/mo
+$210/mo
5.5%

City: Houston