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Owner Contacts

$425,000

NAL Estimated Property Value

5409 Kansas St, Houston, TX, 77007

Off Market

3 Beds

3 Bath

1,986 Sq Ft

$191.33 / sqft

Built in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Dishwasher, Refrigerator, Washer

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,551 sqft

Building Information

Year Built2004

Garage Spaces1

Land Information

APN1247030010003

Lot Number3

SubdivisionCottage Grove Manors

Land UseResidential

Legal DescriptionLT 3 BLK 1 COTTAGE GROVE MANORS

Census Tract510901

Assessed Land Value$108,570

Assessed Improvement Value$256,230

Assessment Year2025

About this property

Located only about a 10min walk away from the new MKT area in the Heart of Cottage Grove, this exceptional and very well kept 3 story Mediterranean home sits across from the new Heights Bike Trail. This cozy 3 bedroom 3.5 bath home features a bedroom downstairs with an en-suite bathroom leading out to a beautifully turfed outdoor patio area. Very clean and polished wood floors on the second level. Newly remodeled kitchen with white cabinets, island with seating and storage and stainless steel appliances. AC less than 3yrs old and second unit coils replaced this year. Very open concept with high ceilings and abundant natural light. Owners suite is on the third floor comfortably sized with large walk in closet, double vanity, separate tub and shower in the bathroom. Incredible location just minutes from the Katy freeway and close to Downtown!!

Investor Tools

$425,000

Estimated Property Value

$337,921Estimated Mortgage Balance

$87,079Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,550 /month

Positive

Cash Flow Estimate:

$850 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$697/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,239

$364,800

2025

$108,570

$256,230

$364,800

Tax History

Year

Tax Paid

Assessed Value

2024

$6,239

$364,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Members Choice Cu

Conventional

$360,990

First

Nov 9, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$337,921

$90,079

21%

80%

$1,743/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,743/mo

+$837/mo

7.3%

Learn About the Market: Opportunity in Houston

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