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$488,000

NAL Estimated Property Value

5408 Inker St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.18 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,448 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1231430010009
Lot Number9
SubdivisionContemporary Park
Land UseResidential
Legal DescriptionLT 9 BLK 1 CONTEMPORARY PARK SEC 3
Census Tract510602
Assessed Land Value$208,250
Assessed Improvement Value$171,750
Assessment Year2025

About this property

A beautiful updated, well-kept home on corner lot. Lots of windows! Spacious 2 story home has 3 bdrm at 1st floor. living area and master at 2nd floor. Granite countertop. Wood floor. Recent master shower, floor & counter top. 9/2022 water heater, kitchen sink, disposal, carpet and paint. 2 car garage. Washer, dryer and refr, are included. A must see!

Investor Tools

Property Icon
$488,000
Estimated Property Value
$353,951Estimated Mortgage Balance
$134,049Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,577
$380,000
2025
$208,250
$171,750
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,577
$380,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$369,550
No
First
Jan 5, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,951
$131,049
27%
73%
$2,216/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,216/mo
+$364/mo
6.3%

City: Houston

5408 Inker St | Property Details | No Agent List