46Days on Market

1view

$259,000

5415 Margarita Street, Houston, TX, 77020

On Market

2 Beds

2 Bath

1,159 Sq Ft

Single Family Residence

$223.47 / sqft

Built in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size2,082 sqft

Building Information

Year Built2019

Land Information

APN1402000010002

Lot Number2

Land UseResidential

Legal DescriptionLT 2 BLK 1 MARGARITA ESTATES

Census Tract211400

Assessed Land Value$77,071

Assessed Improvement Value$185,589

Assessment Year2025

About this property

Welcome to this modern farmhouse-inspired one-story home ideally located near the vibrant East River Development and in a prime area to enjoy the excitement of the 2026 FIFA World Cup coming to Houston. This home features 2 bedrooms and 2 bathrooms with a bright open-concept layout ideal for everyday living and entertaining. The kitchen offers stainless steel appliances and stylish finishes that flow seamlessly into the living areas. The primary suite provides a peaceful retreat with a spa-inspired bathroom and generous closet space, while the second bedroom and bath are perfect for guests or a home office. Conveniently located near shopping, dining, and entertainment with easy access to downtown.

Investor Tools

$172,948Estimated Mortgage Balance

$92,052Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

Interested in this property?

Juliette Wooden

Garza International Properties

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$398/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,454

$262,660

2025

$77,071

$185,589

$262,660

Tax History

Year

Tax Paid

Assessed Value

2024

$3,454

$262,660

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Fha

$179,690

Yes

First

Aug 30, 2019

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$172,948

$92,052

34%

65%

$1,201/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,201/mo

+$106/mo

5.9%

Learn About the Market: Opportunity in Houston

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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.

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