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$778,000

NAL Estimated Property Value

5540 Grand Lake St, Bellaire, TX, 77401

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,512 Sq Ft
price_per_sqft$288.61 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size9,453 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0761330030010
Lot Number10
SubdivisionRichmond Plaza
Land UseResidential
Legal DescriptionLT 10 BLK 3 RICHMOND PLAZA
Census Tract420900
Assessed Land Value$379,125
Assessed Improvement Value$291,156
Assessment Year2025

About this property

Wonderful 4 bedroom, 3 bath Bellaire home situated on an oversized lot (9,450 sq ft.). Home features open living concept with plenty of space for a home office and game room. Primary bedroom is tucked away on the second floor for a private oasis. First floor bedroom also has an en-suite bathroom. Kitchen has beautiful detail and is open to both dining and living area and island seating. Front patio deck is the perfect place to unwind with a view of the mature trees and lush green grass. Plenty of living spaces to entertain and large backroom room with french doors is a versatile space for a game room, office or both! You won’t want to miss this gem situated on this quiet horseshoe street and zoned to Condit Elementary and Bellaire High School.

Investor Tools

Property Icon
$778,000
Estimated Property Value
$602,879Estimated Mortgage Balance
$175,121Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,668 /month
Positive
Cash Flow Estimate:
$1,556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,051/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,723
$670,281
2025
$379,125
$291,156
$670,281
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,723
$670,281

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aaxy Llc
Conventional
$622,350
No
First
Aug 8, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$602,879
$143,121
19%
77%
$3,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,732/mo
$-392/mo
5.2%

City: Bellaire

5540 Grand Lake St | Property Details | No Agent List