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$577,000

5438 Grape St, Houston, TX, 77096

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.59 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringMarble, Vinyl

Exterior

Lot Size8,965 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0870540000020
Lot Number20
SubdivisionBraes View Terrace
Land UseResidential
Legal DescriptionLT 20 BLK 6 BRAES VIEW TERRACE
Census Tract421802
Assessed Land Value$266,640
Assessed Improvement Value$257,787
Assessment Year2025

About this property

Situated in one of Houston’s most sought after neighborhoods, this fully renovated home blends modern luxury with timeless design. The chef's kitchen is the heart of the home, boasting a large quartz island, sleek European soft-close cabinetry, and top of the line appliances. Walls of windows fill the open concept kitchen and living areas with natural light, creating an inviting space for both everyday living and entertaining. The primary suite is a true retreat, featuring dual walk-in closets, double vanities with quartz countertops, and a spa inspired tub with elegant marble floors. Secondary baths mirror the same level of sophistication with dual vanities, quartz surfaces, and marble finishes. Wide-plank luxury vinyl flooring flows seamlessly throughout. Zoned to Herod Elementary, Bellaire High School, and just minutes from Meyerland Plaza and the 610 Loop. Per seller, the home has never flooded!

Investor Tools

Property Icon
$577,000
Estimated Property Value
$285,000Estimated Mortgage Balance
$294,484Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,504 /month
Positive
Cash Flow Estimate:
$1,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,810
$524,427
2025
$266,640
$257,787
$524,427
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,810
$524,427

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$285,000
No
First
Nov 14, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,516
$282,484
49%
49%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,709/mo
$-402/mo
2.7%

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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5438 Grape St | Property Details | No Agent List