2view

Owner Contacts

$481,000

NAL Estimated Property Value

5545 Cornish Street, Houston, TX, 77007

Off Market

3 Beds

3 Bath

2,294 Sq Ft

Condos / Townhouses

$185.27 / sqft

Built in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,012 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1266090010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 CORNISH STREET TERRACE

Census Tract510901

Assessed Land Value$140,770

Assessed Improvement Value$276,004

Assessment Year2025

About this property

Updated corner unit overlooking the park! This beautiful townhome features 3 bedrooms and 2 1/2 baths with an attached 2 car garage. The large and open first floor living area, dining, and kitchen flow seamlessly. Showcasing the living areas is the open air courtyard which brings in lots of natural light, for a true indoor/outdoor experience. Entertain and grill outside while enjoying cool beverages from the pass-through windows off the kitchen to the courtyard. The primary bedroom is upstairs has a private balcony that views the park and is a perfect place to enjoy morning coffee or evening wine. The stunning bath offers double sinks, quartz counters, a beautiful soaking tub, and separate shower. Easy access to Houston’s main attractions and destinations.

Investor Tools

$481,000

Estimated Property Value

$369,802Estimated Mortgage Balance

$111,198Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,886 /month

Positive

Cash Flow Estimate:

$962 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$907/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,478

$416,774

2025

$140,770

$276,004

$416,774

Tax History

Year

Tax Paid

Assessed Value

2024

$8,478

$416,774

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Matador Lending Llc

Conventional

$399,000

First

Jun 2, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$369,802

$111,198

23%

77%

$2,393/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,393/mo

+$187/mo

6.4%

Learn About the Market: Opportunity in Houston

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