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$980,000

NAL Estimated Property Value

5408 Grand Lake St, Houston, TX, 77081

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.91 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size8,080 sqft

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APN0751390030016
Lot Number16
SubdivisionPeaceful Valley
Land UseResidential
Legal DescriptionLT 16 BLK 3 PEACEFUL VALLEY SEC 1
Census Tract421602
Assessed Land Value$345,051
Assessed Improvement Value$446,676
Assessment Year2025

About this property

Located in the prestigious Bellaire area, this property offers walkability to BHS, premium finishes and so much more. The interior highlights an open, yet traditional floor plan, graced by refined touches and wood beamed ceilings. A formal living/ study and formal dining room flank the wide and open entry. Through the entry is the amazing den & windows with views to the outdoor oasis. Gourmet kitchen features an oversized island, bar seating and top of the line appliances. The second story is home to an incredible primary suite, with a fireplace, private balcony and high ceilings. Primary spa-like bath was just renovated and a true retreat, with an oversized tub and spacious walk-in shower. Secondary bedrooms are large & have ample natural light. Newly renovated secondary bathroom boasts dual sinks and a shower/tub combo. Entertain guests w/ ultimate outdoor living space, w/ patio deck and plenty of room for a pool. Detached quarters above the garage with a convenient half bathroom.

Investor Tools

Property Icon
$980,000
Estimated Property Value
$638,136Estimated Mortgage Balance
$341,864Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,880 /month
Positive
Cash Flow Estimate:
$1,960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,371
$791,727
2025
$345,051
$446,676
$791,727
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,371
$791,727

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Republic Bank
Conventional
$705,000
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$638,136
$361,864
36%
65%
$2,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,823/mo
$-1,101/mo
2.1%

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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5408 Grand Lake St | Property Details | No Agent List