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$517,000

5602 Ivory Mist Ln, Houston, TX, 77041

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.12 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Oven
FlooringTile, Wood

Exterior

Lot Size12,794 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1190680010021
Lot Number21
SubdivisionLakes On Eldridge
Land UseResidential
Legal DescriptionLT 21 BLK 1 LAKES ON ELDRIDGE SEC 14
Census Tract540101
Assessed Land Value$106,109
Assessed Improvement Value$372,108
Assessment Year2025

About this property

Exceptional 4BR, 3.5-bath home situated on oversized 12,794-square-foot lot backing to a serene greenbelt. Featuring soaring ceilings, oak hardwood floors throughout,stylish lighting.The stunning Carrera marble kitchen equipped with stainless steel appliances, 5-burner gas cooktop, built-in oven. The kitchen opens to the breakfast area and family room with dramatic ceilings, fireplace, glass-front cabinetry. 1st-floor primary suite is a retreat featuring a spa-inspired, frameless glass shower, walk-in closet. Downstairs en suite BR for visitors or multigenerational living. Upstairs 2 additional BR connected by a Hollywood bath and spacious game room. whole-house water softener. Step outside to backyard oasis with covered patio, summer kitchen, fireplace, tranquil greenbelt views—perfect for entertaining year-round. Residents enjoy resort-style amenities, lakes,trails, facilities of Lakes on Eldridge w/bus service available to Awty, BISH, Village schools.Outlet for portable Generator

Investor Tools

$231,706Estimated Mortgage Balance
$294,138Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Martine Nerrant

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
$2,040/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,929
$478,217
2025
$106,109
$372,108
$478,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,929
$478,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schlumberger Employees Cu
Conventional
$250,000
No
First
Aug 29, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,706
$266,294
53%
44%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$3,539/mo
$-629/mo
6.7%

City: Houston

5602 Ivory Mist Ln | Property Details | No Agent List