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$181,674

NAL Estimated Property Value

5601 Milart St, Houston, TX, 77021

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size13,186 sqft

Land Information

APN0680030000027
Lot Number27
SubdivisionArnel Place
Land UseResidential
Legal DescriptionLT 27 & TR 29A ARNEL PLACE
Census Tract313300
Assessed Land Value$181,674
Assessment Year2025

About this property

Prime Cleared Lot Near University of Houston – Ready to Build! Located just minutes from the University of Houston, this cleared lot sits in the heart of a rapidly growing area surrounded by new development and opportunity. Whether you're an investor looking for your next project or dreaming of building your forever home, this property offers the perfect blank canvas. With easy access to major highways, downtown, and the university, the location is unbeatable. Don’t miss your chance to be part of the transformation in one of Houston’s most exciting up-and-coming neighborhoods!

Investor Tools

Property Icon
$181,674
Estimated Property Value
$0Estimated Mortgage Balance
$181,674Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,090 /month
Positive
Cash Flow Estimate:
$363 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,801
$181,674
2025
$181,674
N/A
$181,674
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,801
$181,674

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,674
100%
0%
$0/mo

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.

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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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5601 Milart St | Property Details | No Agent List