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$502,000

NAL Estimated Property Value

5421 Petty St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,593 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$192.79 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2,688 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN0102140000140
Lot Number102
SubdivisionCottage Grove
Land UseResidential
Legal DescriptionLT 102 COTTAGE GROVE SEC 3
Census Tract510901
Assessed Land Value$188,160
Assessed Improvement Value$294,340
Assessment Year2025

About this property

Wonderfully updated home in the Heights that is ready for you! This 3 Bedroom 2.5 Bathroom home has lots to offer for people that are looking to live close to downtown and enjoy everything that inner city living has to offer! Inside the home it boasts new quartz countertops, new flooring throughout, and is freshly painted. You can feel the extra security that this home has as it has its own private gated walkway leading to the front entry. It also has a good-sized backyard that is a rarity in this area. The home also can handle at least 4 cars on this property which you don't normally find in a Heights Townhome. Plus, this home is located close to I10 making access easy and quick. If you enjoy the outdoors, you will love the fact that the home is close to the Heights Hike and Bike Trail. This is a home that you will not regret seeing and making yours!

Investor Tools

Property Icon
$502,000
Estimated Property Value
$376,289Estimated Mortgage Balance
$125,711Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,495
$482,500
2025
$188,160
$294,340
$482,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,495
$482,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Judith Ann Marx Etal
Purchase Money Mortgage
$386,000
No
First
Dec 16, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,289
$130,711
25%
75%
$2,315/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,315/mo
+$265/mo
6.2%

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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5421 Petty St | Property Details | No Agent List