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$270,000

5515 Truett St, Houston, TX, 77023

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,494 Sq Ft
price_per_sqft$180.72 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher
FlooringTile, Vinyl Plank, Wood

Exterior

Lot Size5,502 sqft

Building Information

Year Built1938
Garage Spaces2

Land Information

APN0660850030015
Lot Number15
SubdivisionPlaza Place
Land UseResidential
Legal DescriptionLT 15 BLK 3 PLAZA PLACE
Census Tract310700
Assessed Land Value$110,000
Assessed Improvement Value$108,537
Assessment Year2025

About this property

Rich in character & updates, this 1938 East End home offers a rare blend of historic craftsmanship & lush outdoor living. Original hardwood floors, exposed pine shiplap walls, restored Elgin door hardware, built-ins, & brick gas fireplace preserve its timeless appeal, while abundant windows bathe the home in natural light. The kitchen offers generous cabinetry & all appliances - refrigerator, dishwasher, washer & dryer - convey w/ the home. A flexible den is ideal for a office or creative space & the floored attic w/ lighting & electrical provides excellent storage or future possibilities. Outside, mature low-maintainance tropical landscaping surrounds an expansive covered deck w/ a covered walkway connecting the carport to the home. Recent improvements: foundation leveling, replacement of the supply & sewer lines, upgraded PEX plumbing, siding repairs, exterior paint, updated lighting & ceiling fans & renovated bathroom featuring a resurfaced cast-iron tub, new vanity, sink & toilet.

Investor Tools

$176,704Estimated Mortgage Balance
$85,609Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Rosalinda Swartz

Redfin Corporation

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,525
$218,537
2025
$110,000
$108,537
$218,537
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,525
$218,537

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$188,955
No
First
Jan 4, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,704
$58,296
24%
67%
$1,133/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,133/mo
+$174/mo
6.0%

City: Houston

5515 Truett St | Property Details | No Agent List