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$1,337,342

NAL Estimated Property Value

5503 Lacy St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths5 Bath
Baths5,535 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$266.49 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size10,001 sqft

Building Information

Year Built1991
Stories2

Land Information

APN0511040050001
Lot Number1,2
SubdivisionDetering
Land UseResidential
Legal DescriptionLTS 1 & 2 BLK 5 DETERING
Census Tract510801
Assessed Land Value$712,500
Assessed Improvement Value$624,842
Assessment Year2025

About this property

Live and work seamlessly in this rare freestanding home on a 10,000 SF lot in Rice Military. Designed with flexibility in mind, it’s ideal for entrepreneurs, creatives, or anyone seeking a stylish live/work setup. Enjoy walkability to Memorial Park and quick access to Downtown, the Galleria, Heights, and Med Center. Controlled-access driveway and pedestrian gates (operable from inside) ensure privacy while making it easy to welcome guests or clients. A 2-car carport and gated parking court fit 4–6 additional vehicles. Inside, the second floor offers an open plan with hardwoods, gas fireplace, high-end kitchen, walk-in pantry, and a spacious primary suite with dual en suite baths and closets. The first floor includes polished concrete floors, kitchenette, full bath, optional office or bedroom, gym, and storage—plus elevator access. With yard space, character, and endless functionality, this is where business meets lifestyle—no commute required.

Investor Tools

Property Icon
$1,337,342
Estimated Property Value
$793,503Estimated Mortgage Balance
$543,839Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,850 /month
Positive
Cash Flow Estimate:
$2,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,182
$1,337,342
2025
$712,500
$624,842
$1,337,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,182
$1,337,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$806,500
No
First
Jun 3, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$793,503
$543,839
40%
59%
$4,836/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$4,836/mo
$-3,196/mo
1.5%

City: Houston

5503 Lacy St | Property Details | No Agent List