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$415,000

NAL Estimated Property Value

5539 Jessamine St, Houston, TX, 77081

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,024 Sq Ft
price_per_sqft$390.53 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Washer Included, Gas Oven, Free-Standing Range, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBack Green Space
Lot Size6,599 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0761330080048
Lot Number48
SubdivisionRichmond Plaza
Land UseResidential
Legal DescriptionLT 48 BLK 8 RICHMOND PLAZA
Census Tract421602
Assessed Land Value$310,200
Assessed Improvement Value$13,845
Assessment Year2025

About this property

ZONED TO BELLAIRE SCHOOLS! This charming bungalow sits pretty on a lovely, treed lot. Enjoy the deck and backyard. Step inside and you will be greeted with wood floors and a neutral white palette. Many recent updates including roof, bath, and plumbing. Short stroll to Bellaire schools...including highly rated Condit Elementary & Bellaire HS, restaurants, parks, and everything the area has to offer! Don't miss this adorable house and one of the prettiest backyards in the area! Buyer to verify school eligibility.

Investor Tools

Property Icon
$415,000
Estimated Property Value
$41,994Estimated Mortgage Balance
$373,006Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,780
$324,045
2025
$310,200
$13,845
$324,045
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,780
$324,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$128,250
No
First
Dec 23, 2002
Jan 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,994
$373,006
89%
10%
$769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$769/mo
+$538/mo
3.8%

City: Houston

5539 Jessamine St | Property Details | No Agent List