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$599,000

NAL Estimated Property Value

5532 Kiam St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,546 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.45 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size2,688 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN0102160000239
Lot Number240
Land UseResidential
Legal DescriptionLT 240 COTTAGE GROVE SEC 3
Census Tract510901
Assessed Land Value$188,090
Assessed Improvement Value$386,910
Assessment Year2025

About this property

Breathtaking describes this two-story home in Cottage Grove with custom stacked stone front elevation. Home features a private driveway & backyard. Open plan with abundant windows for natural lighting and unique designer touches throughout makes for a one-of-a-kind home. Gourmet kitchen w/ decorative beams & recessed lighting. Kitchen features a large island with quartz countertop. Stainless steel appliances & cabinets with designer molding. Large walk-in pantry. Kitchen looks out into a large great room with a wall of windows. Spacious master suite with mood lighting. Elegant master bath that features walkthrough shower with double shower heads and separate garden tub. Walk in closet with steel rods & shelves floor to ceiling. Complete first floor with beautiful hardwoods. Private backyard for entertaining guests! Zoned to top rated Memorial Elementary School. Easy access to I10, 610 and just minutes from The Heights, Rice Military, Memorial Park, Galleria or Downtown venues.

Investor Tools

Property Icon
$599,000
Estimated Property Value
$487,453Estimated Mortgage Balance
$111,547Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,040
$575,000
2025
$188,090
$386,910
$575,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,040
$575,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$504,000
No
First
Jul 23, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,453
$117,547
19%
81%
$3,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,022/mo
$-442/mo
5.2%

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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5532 Kiam St | Property Details | No Agent List