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$573,000

5411 Lacy Street, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.25 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size2,605 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1223830010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 ZUGHERI FORD ACRES
Census Tract510801
Assessed Land Value$242,440
Assessed Improvement Value$272,539
Assessment Year2025

About this property

This three-story Rice Military home with a brick front facade is well located on a great block and close to Memorial Park, Buffalo Bayou parks, dining, shopping and night life. A side entry into foyer with concrete floors. Bedroom and bath down and two car attached garage with double wide driveway for additional parking. Second level living with refinished hardwood floors. Living room fireplace. High ceilings. Kitchen with stainless appliances opens to breakfast room/den with a back balcony and stairs down to backyard and pool with fountain. Third floor primary bedroom suite with new carpet, coffered ceiling and pool views. Large primary bath and walk-in closet. Third bedroom with private bath on this level as well as the utility room and a home office desk area. Move right in! All new windows in 2020, digital locks, new roof in 2018, recent A/C units and tankless hot water heater. A fine home.

Investor Tools

Property Icon
$573,000
Estimated Property Value
$0Estimated Mortgage Balance
$109,913Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,571
$514,979
2025
$242,440
$272,539
$514,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,571
$514,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Mortgage Solutions Llc
Conventional
$502,400
No
First
Mar 7, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$463,087
$109,913
19%
81%
$3,013/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,013/mo
$-433/mo
5.4%

Learn About the Market: Opportunity in Houston

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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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5411 Lacy Street | Property Details | No Agent List