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$349,845

5420 Pease St, Houston, TX, 77023

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.32 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,502 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0121340130006
SubdivisionDissen Heights
Land UseResidential
Legal DescriptionTRS 6 & 7A BLK 13 DISSEN HEIGHTS
Census Tract310800
Assessed Land Value$157,500
Assessed Improvement Value$13,537
Assessment Year2025

About this property

Beautifully fully remodeled home in Houston’s rapidly appreciating East End! 5420 Pease features 3 bedrooms and 2 baths with an office! All-new electrical, plumbing, high-end Trane HVAC, new roof, and a completely new interior—this home is practically brand new. Enjoy huge, spacious closets throughout, designer lighting, and a modern, open feel, Spacious covered front porch and Fully gated for privacy and security. Located near new restaurants, shops, golf course, and hike & bike trails, with just 10 minutes to Downtown and 15 minutes to the Medical Center. A rare opportunity to own a turnkey home in one of Houston’s hottest inner-loop neighborhoods.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$216,588Estimated Mortgage Balance
$133,226Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,579
$171,037
2025
$157,500
$13,537
$171,037
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,579
$171,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Building Or Construction Loan
$216,588
No
First
Jun 27, 2025
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,774
$133,226
38%
61%
$1,299/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,299/mo
+$8/mo
4.5%

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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5420 Pease St | Property Details | No Agent List