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$894,000

NAL Estimated Property Value

5516 Chenevert Street 1, Houston, TX, 77004

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths1,000 Sq Ft
price_per_sqft$1.7 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size7,501 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN0391770000002
SubdivisionHermann Park
Land UseResidential
Legal DescriptionTRS 2 3A & 14A BLK 22 HERMANN PARK
Census Tract312601
Assessed Land Value$500,500
Assessed Improvement Value$295,235
Assessment Year2025

About this property

Beautifully renovated four-plex with carport parking. All appliances included, wood flooring, tile in kitchen & bath, granite counter tops, stainless steel free standing gas stoves, dishwashers, Samsung refrigerators, stack-able washers/dryers, tank-less hot water heaters, and central air/heat. Located in the heart of the Museum District and minutes from restaurants, museums, Hermann Park, Medical Center, and Downtown. Unit is about 4-5 blocks from rail line.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,105
$795,735
2025
$500,500
$295,235
$795,735
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$15,105
$795,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Third Coast Bank Ssb
N/A
$512,975
N/A
First
Jul 15, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,335
$487,665
54%
45%
$3,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,076/mo
$-850/mo
3.0%

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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5516 Chenevert Street 1 | Property Details | No Agent List