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Days56Days on Market
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$169,500

$185,000

5501 Milart St, Houston, TX, 77021

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.78 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringCarpet, Wood

Exterior

Lot Size8,756 sqft

Building Information

Year Built1949
Stories1
Garage Spaces1

Land Information

APN0680030000033
SubdivisionArnel Place
Land UseResidential
Legal DescriptionTRS 33 & 35A ARNEL PLACE
Census Tract313300
Assessed Land Value$141,804
Assessed Improvement Value$35,952
Assessment Year2025

About this property

Great pocket neighborhood in 77021 inside the loop! Rehab opportunity! Desirable street with larger lots! Original hardwood floors, fenced backyard, attached garage. 3 bedrooms 1.5 bathrooms, central HVAC, being sold AS IS, proof of funds or preapproval letter required with offer.

Investor Tools

$0Estimated Mortgage Balance
$192,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /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
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,513
$177,756
2025
$141,804
$35,952
$177,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,513
$177,756

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.2%

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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5501 Milart St | Property Details | No Agent List