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$346,000

NAL Estimated Property Value

5408 Mulvey Street, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.45 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size2,378 sqft

Building Information

Garage Spaces2

Land Information

APN1446300010002
Lot Number2
Land UseRes Vacant Table Val
Legal DescriptionLT 2 BLK 1 LYONS REDEV NINETEENTH VENTURE
Census Tract211302
Assessed Land Value$51,914
Assessment Year2025

About this property

Welcome to 5408 Mulvey St, a stunning new construction by Parra Homes, one of the pioneering builders helping shape the transformation of Houston’s Fifth Ward. This 3-bedroom, 2.5-bath home offers first-floor living with an open layout, a private driveway & gated front yard. Inside, discover a bright kitchen with quartz countertops, two-tone flat-panel European-style cabinetry, soft-close drawers, stainless steel appliances & a large picture-frame window filling the space with natural light. Durable LVP flooring runs throughout—scratch- & water-resistant with zero carpet. The living area opens through sliding glass doors to a covered patio perfect for relaxing or entertaining. Upstairs features an office nook ideal for remote work & a spacious primary suite with vaulted ceilings, a seating area, spa-like bath with floating vanities, soaking tub & frameless shower. Conveniently located minutes from Downtown & East River. No HOA & one of the best values for new construction in the area.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$336,440Estimated Mortgage Balance
$9,560Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,093 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,086
$51,914
2025
$51,914
N/A
$51,914
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,086
$51,914

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$338,400
No
First
Jan 29, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,440
$9,560
2%
97%
$2,029/mo

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 Mulvey Street | Property Details | No Agent List