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$586,000

NAL Estimated Property Value

5602 Feagan St Unit A, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,334 Sq Ft
price_per_sqft$222.37 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Balcony
Lot Size2,052 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1211130010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 FAEGAN STREET T/H AMEND
Census Tract510801
Assessed Land Value$230,141
Assessed Improvement Value$224,712
Assessment Year2025

About this property

Totally renovated brick corner unit townhome in the heart of Rice Military. Walking distance to Memorial Park, Restaurants, and minutes to downtown/major freeways- this is a stellar location. One of the few all brick townhome communities in Rice Military w/ automatic gate and secondary gated entrance directly to your front door. All updates 2021-wood floors throughout (no carpet), tile to all baths, countertops in master + kitchen, plumbing and designer fixtures, appliances, interior paint to walls, trims, baseboards + all cabinets. Complete primary bath renovation w/ designer tile, fixtures, hardware, new soaking tub and oversized frameless shower w/ body sprayer + two toiletry caddies. Walk in closets at all rooms. ELEVATOR shaft. New roof 2020. This home boasts a well manicured front entrance with mature rosemary bushes + ivy as well as a side yard w/ grass for your animals + new black rock gravel patio for a lounge/grill area. Subzero fridge + washer/dryer to stay. Never flooded.

Investor Tools

Property Icon
$586,000
Estimated Property Value
$440,797Estimated Mortgage Balance
$145,203Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,516 /month
Positive
Cash Flow Estimate:
$1,172 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,472
$454,853
2025
$230,141
$224,712
$454,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,472
$454,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$488,300
No
First
Apr 7, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,797
$126,203
22%
75%
$2,928/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,178/mo
$-598/mo
5.3%

Learn About the Market: Opportunity in Houston

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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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5602 Feagan St Unit A | Property Details | No Agent List