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$220,000

5501 Malmedy Rd, Houston, TX, 77033

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.28 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size6,242 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0751900290001
Lot Number1
SubdivisionSouth Park
Land UseResidential
Legal DescriptionLT 1 BLK 29 SOUTH PARK SEC 2
Census Tract332200
Assessed Land Value$76,973
Assessed Improvement Value$30,430
Assessment Year2025

About this property

Live and work opportunity! Property being sold for lot value, backyard faces the feeder road of 610 South. 3 bedrooms 1.5 bath, lot size; 6,242 SF per HCAD, window units, recent interior paint, back patio, fenced backyard, many possibilities, seller terms available, call for more information to secure this highly visible property.

Investor Tools

$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Eric Garcia

Carlos Garcia Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,938
$107,403
2025
$76,973
$30,430
$107,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,938
$107,403

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$183,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
11.3%

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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5501 Malmedy Rd | Property Details | No Agent List