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$594,000

NAL Estimated Property Value

5519 Sherman St, Houston, TX, 77011

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths3,501 Sq Ft
price_per_sqft$122.54 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate, Tile, Wood, Hardwood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1935
Stories2

Land Information

APN0150170000014
Lot Number14
SubdivisionFullerton Place
Land UseResidential
Legal DescriptionLT 14 BLK 9 FULLERTON PLACE
Census Tract310500
Assessed Land Value$150,000
Assessed Improvement Value$192,500
Assessment Year2025

About this property

GREAT investment opportunity just 2 blocks from the MetroRail Green line in up and coming EaDo. Multi-family property with four large 1-bedroom, 1-bath units with oversized eat-in Kitchens. Two units upstairs and two downstairs; front and back stairwells. Offstreet parking in back for 4+ vehicles and head-in street parking for 3 vehicles. Fenced front yard, individual and master meters, washateria next door, and nearly 100% occupancy. Each unit includes a stove and refrigerator. Window ACs. Photos are of recently vacated unit #2 and are indicative of other occupied units. Just 10 minutes away from the site of the new East End development EAST RIVER, a multi-use development that will incorporate office space, dining, entertainment, green space and hike and bike trails. Get in on the EaDo development before prices SKYROCKET! This is it. Don't miss out.

Investor Tools

Property Icon
$594,000
Estimated Property Value
$0Estimated Mortgage Balance
$594,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,280
$342,500
2025
$150,000
$192,500
$342,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,280
$342,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$688,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
4.5%

City: Houston

5519 Sherman St | Property Details | No Agent List