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$426,000

5546 Aspen St, Houston, TX, 77081

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.47 / 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
AppliancesGas Oven, Free-Standing Range, Gas Range
FlooringLaminate, Tile, Wood

Exterior

Lot Size8,098 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0761330080005
Lot Number5
SubdivisionRichmond Plaza
Land UseResidential
Legal DescriptionLT 5 BLK 8 RICHMOND PLAZA
Census Tract421602
Assessed Land Value$345,450
Assessed Improvement Value$14,532
Assessment Year2025

About this property

PRICED AT LOT VALUE! Great opportunity to live now, build your dream home later. 2 Bedroom 1 bath, 8,100 square ft lot (HCAD) conveniently situated on quiet, tree-lined street near shops, restaurants and 610. Zoned to Bellaire HS, Condit Elementary and Pershing Middle (Buyer to verify eligibility for attendance). Property and Improvements/Structures have not flooded in sellers 34 years of ownership . All per Seller

Investor Tools

Property Icon
$426,000
Estimated Property Value
$248,000Estimated Mortgage Balance
$205,669Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,168
$359,982
2025
$345,450
$14,532
$359,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,168
$359,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$248,000
No
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,331
$212,669
49%
52%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,487/mo
$-180/mo
3.7%

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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