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$259,300

NAL Estimated Property Value

5531 Girnigoe Dr, Houston, TX, 77084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,893 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.73 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,797 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1125810000017
Lot Number17
SubdivisionGlencairn
Land UseResidential
Legal DescriptionLT 17 BLK 23 GLENCAIRN SEC 6
Census Tract541402
Assessed Land Value$97,644
Assessed Improvement Value$161,656
Assessment Year2025

About this property

LOVELY CORNER HOME ON AN OVERSIZED LOT. THIS CHARMING HOME HAS BEEN BEAUTIFULLY RENOVATED BLENDING VINTAGE CHARACTER WITH MODERN TOUCHES LIKE NEW WOOD LAMINATE FLOORS IN LIVING, DINING, STUDT LOFT, NEWER ROOF AND MODERN GREY COLORS THRUOUT.STEP DOWN IN TO THE SPACIOUS LIVING ROOM WITH WOOD BURNING FIREPLACE.THERE IS A SMALL LOFT THAT SELLER HAS CONVERTED AS HIS STUDY.FORMAL DINING CAN SIT COMFORTABLY 8.KITCHEN HAS GRANITE COUNTER TOP AND ALL THE STAINLESS STEEL APPLIANCES ARE LESS THAN 4YEARS OLD INCLUDING THE DISPOSAL.FRIDGE, WASHER AND DRYER STAYS.BRAND NEW CARPETS IN ALL BEDROOMS AND MASTER HAS HIS AND HER CLOSETS.THE COVERED PATIO HAS A CEILING FAN AND PERFECT TO SPEND EVENINGS WATCHING THE SUNSET.PRICED TO SELL. MAKE ANAPPOINTMENT TO DAY.

Investor Tools

Property Icon
$259,300
Estimated Property Value
$226,184Estimated Mortgage Balance
$33,116Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,556 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,414
$259,300
2025
$97,644
$161,656
$259,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,414
$259,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$232,750
No
First
Oct 22, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,184
$33,116
12%
87%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,771/mo
+$269/mo
9.4%

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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5531 Girnigoe Dr | Property Details | No Agent List