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$979,000

NAL Estimated Property Value

5540 Jessamine St, Houston, TX, 77081

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,501 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN0761330090003
Lot Number3
SubdivisionRichmond Plaza
Land UseResidential
Legal DescriptionLT 3 BLK 9 RICHMOND PLAZA
Census Tract421602
Assessed Land Value$231,945
Assessed Improvement Value$630,091
Assessment Year2025

About this property

Gorgeous Bellaire area recent construction on a tree-lined street! This never-flooded home built on an elevated pier & beam foundation has been immaculately maintained. Upon entry notice the incredible flow, high ceilings & generously sized rooms. Kitchen features an abundance of cabinets, hex backsplash, huge pantry & island overlooking the living room w/ cozy fireplace. Upstairs there's an incredible game room, three secondary bedrooms as well as the primary. Enormous primary suite features a tray ceiling w/ plenty of space for a sitting area. Well-appointed ensuite bath has dual sinks, walk-in glass shower & separate soaking tub. Amazing walk-in closet also provides direct access to laundry. Covered back porch spans the width of the home & is fully screened, perfect for entertaining & mosquito-free relaxation! Zoned to highly desirable Bellaire schools with nearby City of Bellaire amenities such as the pool, library and Rec Center available. Don't miss this spectacular opportunity!

Investor Tools

Property Icon
$979,000
Estimated Property Value
$618,465Estimated Mortgage Balance
$360,535Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,874 /month
Positive
Cash Flow Estimate:
$1,958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,400
$862,036
2025
$231,945
$630,091
$862,036
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,400
$862,036

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stifel Bank & Trust
Conventional
$668,000
No
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$618,465
$350,535
36%
63%
$3,045/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,045/mo
$-819/mo
2.7%

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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5540 Jessamine St | Property Details | No Agent List