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$375,000

5507 De Milo Drive, Houston, TX, 77092

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.91 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,817 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0960770000002
Lot Number2
SubdivisionForest Pines
Land UseResidential
Legal DescriptionLT 2 BLK 1 FOREST PINES SEC 1
Census Tract531500
Assessed Land Value$131,200
Assessed Improvement Value$134,859
Assessment Year2025

About this property

Coming Soon! This beautifully renovated residence offers 4 bedrooms, 2 full baths, and a 2-car garage. Nestled in a serene and peaceful neighborhood. New Roof, Appliances, Flooring, Painting, Countertops, and much more! Don't miss the opportunity to make this stunning property your own. Schedule a viewing today and experience the beauty and comfort it has to offer!

Investor Tools

$273,408Estimated Mortgage Balance
$75,592Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Tara Phillips

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$79
$266,059
2025
$131,200
$134,859
$266,059
No

Tax History

Year
Tax Paid
Assessed Value
2024
$79
$266,059

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Property Kings Real Estate Llc
Unknown
$275,000
No
First
Feb 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,408
$75,592
21%
78%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,649/mo
+$577/mo
7.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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5507 De Milo Drive | Property Details | No Agent List