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$364,446

NAL Estimated Property Value

5531 Jackwood St, Houston, TX, 77096

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.78 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Cooktop, Dryer, Refrigerator, Dishwasher, Washer
FlooringLaminate, Tile

Exterior

Lot Size7,135 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN0922890000008
Lot Number8
SubdivisionNorwood Meadows
Land UseResidential
Legal DescriptionLT 8 BLK 5 NORWOOD MEADOWS
Census Tract421700
Assessed Land Value$204,987
Assessed Improvement Value$159,459
Assessment Year2025

About this property

Zoned to Bellaire High School! This beautifully renovated 3 bedroom, 2 bathroom home is nestled on a quiet street in Meyerland! Upon entry you are greeted with a nicely sized living/dining space perfect for family and entertaining. Kitchen includes stainless steel appliances, quartz countertops, farmhouse sink and a view of the backyard. Cozy fireplace is well positioned and completes the living and dining areas. Primary bedroom has an ensuite bathroom which includes a walk-in shower and vanity. Secondary bedrooms are perfect for guests, home office or sewing/crafts. Secondary bathroom includes a tub/shower combo. Property features include new flooring throughout (no carpet!), new windows, new appliances, updated bathrooms, freshly painted interior/exterior, mature trees and much much more! Just a short drive to Meyerland Plaza, 610, 59, Downtown, Galleria, Med Center.

Investor Tools

Property Icon
$364,446
Estimated Property Value
$248,103Estimated Mortgage Balance
$116,343Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,187 /month
Positive
Cash Flow Estimate:
$729 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,312
$364,446
2025
$204,987
$159,459
$364,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,312
$364,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$266,250
No
First
Sep 1, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,103
$123,897
33%
68%
$1,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,597/mo
+$125/mo
5.7%

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 Jackwood St | Property Details | No Agent List