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Owner Contacts

$583,000

NAL Estimated Property Value

5602 Feagan Street E, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,414 Sq Ft

$211.23 / sqft

Built in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringCarpet, Marble, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,834 sqft

Building Information

Year Built2001

Garage Spaces2

Land Information

APN1211130010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 FAEGAN STREET T/H AMEND

Census Tract510801

Assessed Land Value$221,393

Assessed Improvement Value$287,271

Assessment Year2025

About this property

Don't miss this stunning 3 story TH in Rice Military area. This home has 3 bed and 3.5 bath with attached garage in a gated community. The interior of home was repainted April 2023 and carpet has been replaced recently. Roof replaced in 2019, HVAC replaced in 2016 and 2017 with 2 H2O heaters. Features double pane doors and single pane windows and Pella French doors. Home features wood flooring and crown molding throughout main living area and high ceilings. High end modern kitchen with granite counters, sub zero fridge, cabinet lighting, 5 burner gas cooktop and so much more. Half bath located on 2nd floor living area. 1st floor has bedroom with en suite bath. 3rd floor features primary bedroom with en suite bath that has marble floors, granite counters, glass enclosed shower and jetted tub. Additional 2nd bedroom is on 3rd level with en suite bath. Utility is conveniently located on 3rd floor.

Investor Tools

$583,000

Estimated Property Value

$355,242Estimated Mortgage Balance

$227,758Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,498 /month

Positive

Cash Flow Estimate:

$1,166 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$769/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,308

$508,664

2025

$221,393

$287,271

$508,664

Tax History

Year

Tax Paid

Assessed Value

2024

$6,308

$508,664

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$392,000

First

Jun 28, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$355,242

$227,758

39%

61%

$2,351/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,601/mo

$-21/mo

5.3%

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