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$479,000

5502 Rose St, Houston, TX, 77007

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,404 Sq Ft
price_per_sqft$199.25 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Full Size, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesFront Yard, Side Yard, Sprinkler System
Lot Size1,934 sqft

Building Information

Year Built1999
Stories3
Garage Spaces2

Land Information

APN0511030010010
SubdivisionDetering H E
Land UseResidential
Legal DescriptionTR 9B BLK 1 DETERING H E
Census Tract510801
Assessed Land Value$226,105
Assessed Improvement Value$233,895
Assessment Year2025

About this property

Rare find in Rice Military, this light-filled corner unit townhome is a one-of-a-kind gem. With an abundance of natural light, this two-bedroom home boasts exceptional features and spaciousness, making it easy to envision as your forever home. The expansive second-floor open concept living, dining, and kitchen, with high ceilings, is perfect for entertaining. The third-floor primary suite includes a versatile loft space ideal for a home office. Situated on a corner lot, the property offers a private landscaped yard and outdoor patio, creating a serene oasis. Highlights include extensive hardwood and tile flooring (no carpet), a fireplace, built-ins, new light fixtures and fans, and stainless steel appliances, and double-wide driveway for extra parking. Income-Generating Opportunity: Maximize your investment by subletting the first-floor bedroom and bathroom, featuring a private entrance from the backyard. Close to Memorial Park, Downtown and the Galleria.

Investor Tools

$123,764Estimated Mortgage Balance
$405,236Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

Interested in this property?

David Edgerton

All City Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,811
$460,000
2025
$226,105
$233,895
$460,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,811
$460,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$155,000
No
First
Dec 29, 2016
Jan 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,764
$405,236
76%
23%
$930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,830/mo
+$130/mo
4.4%

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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5502 Rose St | Property Details | No Agent List