Last 24 Hours
$1,800,000
5551 Allison Road, Houston, TX, 77048
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size6.77 acres
Land Information
APN0430050000043
SubdivisionMinnetex Place
Land UseCommercial
Legal DescriptionTR 7 & TR 84 MINNETEX PLACE ABST 339 J HOLLOWAY
Census Tract330801
Assessed Land Value$1,061,644
Assessment Year2025
About this property
This is a Great Land with high potencial use!!! No HOA, you could replat and develop SFH, multifamily, Airbnb. Spacious lot with no known restrictions, allowing flexible use. Ideal for mobile homes, soccer fields, fairs, storage, or trucking operations. Near Hobby Airport with easy access to main roads with utilities nearby (verify). Is the perfect adaptable land in a growing area with residential, recreational, or commercial potential. Please call or text listing agent to every additional detail you need and information.
Investor Tools
$248,187Estimated Mortgage Balance
$813,457Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,038/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,147
$1,061,644
2025
$1,061,644
N/A
$1,061,644
No
Tax History
Year
Tax Paid
Assessed Value
2024
$19,147
$1,061,644
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Credit Line (Revolving) / Heloc
$250,000
No
First
Jan 30, 2026
Feb 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,187
$813,457
76%
23%
$1,499/mo
12.4%