NoAgentList RatingHow are grades calculated?

865Days on Market

4view

$225,000

5426 Fairgreen Ln, Houston, TX, 77048

On Market

3 Beds

2 Bath

1,655 Sq Ft

Single Family Residence

$135.95 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Gas Cooktop, Dishwasher, Cooktop

FlooringCarpet, Vinyl

Exterior

Lot Size6,517 sqft

Building Information

Year Built1965

Stories1

Garage Spaces1

Land Information

APN0974490000017

Lot Number17

SubdivisionCrestmont Park

Land UseResidential

Legal DescriptionLT 17 BLK 45 CRESTMONT PARK SEC 5

Census Tract331604

Assessed Land Value$52,136

Assessed Improvement Value$164,191

Assessment Year2025

About this property

Welcome to 5426 Fairgreen Lane, where modern updates and everyday comfort meet. This beautifully refreshed 3 bedroom, 2 bathroom home features an open concept kitchen with quartz countertops, contemporary cabinetry, a stylish range hood, and abundant workspace for cooking and entertaining. Fresh interior and exterior paint, luxury vinyl plank flooring, new carpet, a new roof, and a new back gate add lasting value and peace of mind. The inviting floor plan offers comfortable living spaces filled with natural light, while the backyard provides the perfect setting to relax or gather with family and friends. Conveniently located less than 30 minutes from Downtown Houston, the Texas Medical Center, The Galleria, Sugar Land, and Pearland, with easy access to major highways, shopping, dining, and everyday conveniences. Move in ready and waiting to welcome you home.

Investor Tools

$0Estimated Mortgage Balance

$216,327Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

Interested in this property?

David Outlaw

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$515/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,093

$216,327

2025

$52,136

$164,191

$216,327

Tax History

Year

Tax Paid

Assessed Value

2024

$5,093

$216,327

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$216,327

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

9.6%

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.

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