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B+
NoAgentList RatingHow are grades calculated? Info

$516,000

5505 Larkin Street B, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.62 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTerrazzo, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,500 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN0102190000435
Lot Number378
SubdivisionCottage Grove
Land UseResidential
Legal DescriptionLT 378 COTTAGE GROVE SEC 3
Census Tract510901
Assessed Land Value$175,000
Assessed Improvement Value$303,449
Assessment Year2025

About this property

ONE LOOK WILL DO! This 3 bedroom/3.5 bathroom home located in Cottage Grove has a double-wide driveway and a large, artificial turfed back yard. The foyer and the glass front door cheerfully welcomes your guests. The first floor has a bedroom with an ensuite bathroom, French door access to the back yard, and tile floors. The heart of the home is the second floor living. The kitchen features an island with a gas cooktop, tons of storage for your kitchenware, and a cozy breakfast nook. Entertaining will be fun and comfortable in the dining area that can accommodate a large table. Come home to comfort and relax in the living room that has access to the balcony that over looks the large backyard. Located on the third floor is a secondary bedroom with wainscot. Relax in the large primary bedroom that has a brick accent wall. The luxurious, spa-like primary bathroom features double vanities, large walk-in shower, and soaking tub. ONCE YOUR SEE IT, YOU'LL WANT TO OWN IT!

Investor Tools

Property Icon
$516,000
Estimated Property Value
$0Estimated Mortgage Balance
$98,268Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,032/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,799
$478,449
2025
$175,000
$303,449
$478,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,799
$478,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$456,000
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,732
$98,268
19%
81%
$1,953/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,953/mo
+$627/mo
6.0%

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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5505 Larkin Street B | Property Details | No Agent List