1Days on Market

4view

$899,000

5505 Aspen St, Houston, TX, 77081

On Market

Just Added

4 Beds

2 Bath

3,050 Sq Ft

Single Family Residence

$294.75 / sqft

Built in 1999

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System

Lot Size6,599 sqft

Building Information

Year Built1999

Stories2

Garage Spaces2

Land Information

APN0761330070022

Lot Number22

SubdivisionRichmond Plaza

Land UseResidential

Legal DescriptionLT 22 BLK 7 RICHMOND PLAZA

Census Tract421602

Assessed Land Value$310,200

Assessed Improvement Value$528,622

Assessment Year2025

About this property

COMING SOON! Welcome to this charming 4-bedroom brick traditional home on a lovely street, ready for immediate occupancy! No flooding. Boasting a spacious family room with built-in bookshelves and gas log fireplace, opening to a kitchen with granite island, breakfast bar and adjacent breakfast room. Great counter and cabinet space. Some of the recent updates include fresh interior paint, refinished hardwood floors on the first floor and new carpet on the second floor (2026), HVACs (2019), roof (2022), dishwasher and refrigerator (2024) and more! The second floor boasts a generous primary suite, spa bathroom and two walk-in closets plus 3 more secondary bedrooms and a second study/office niche. Abundant storage throughout. The backyard offers ample space for a future pool, along with green space for pets and play. Zoned for top-rated schools - Condit Elementary, Pershing Middle, and Bellaire High. Don't miss out on this gem!

Investor Tools

$309,922Estimated Mortgage Balance

$714,078Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,144 /month

Positive

Cash Flow Estimate:

$2,048 /month

Interested in this property?

Lisa Kornhauser

Compass RE Texas, LLC - Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,514/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,053

$838,822

2025

$310,200

$528,622

$838,822

Tax History

Year

Tax Paid

Assessed Value

2024

$13,053

$838,822

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Centennial Mortgage Corp

Conventional

$354,700

First

Mar 24, 2020

Apr 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$309,922

$714,078

69%

30%

$2,127/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$2,127/mo

+$99/mo

2.6%

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