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$252,258

5515 Karelian Dr, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.62 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,120 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1040580000081
Lot Number81
SubdivisionPinemont Plaza
Land UseResidential
Legal DescriptionLT 81 BLK 2 PINEMONT PLAZA SEC 1
Census Tract531900
Assessed Land Value$85,666
Assessed Improvement Value$166,592
Assessment Year2025

About this property

This charming one-story all-brick home is situated on a peaceful cul-de-sac. Inside, you'll find a spacious living room with a cozy wood-burning fireplace, perfect for gathering with family and friends. The primary bedroom boasts a convenient walk-in closet, providing ample storage space. The backyard features a covered patio perfect for entertaining. Home is waiting for your own personal touch! Home Sold As-Is.

Investor Tools

Property Icon
$252,258
Estimated Property Value
$208,550Estimated Mortgage Balance
$54,843Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,514 /month
Positive
Cash Flow Estimate:
$505 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,737
$252,258
2025
$85,666
$166,592
$252,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,737
$252,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bwc Mortgage Services
Conventional
$208,550
No
First
Jun 21, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,415
$54,843
21%
78%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,251/mo
+$471/mo
8.2%

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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5515 Karelian Dr | Property Details | No Agent List