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$591,000

NAL Estimated Property Value

5602 Pine St, Houston, TX, 77081

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.97 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate

Exterior

Lot Size11,700 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN0871240000001
Lot Number1
SubdivisionFlack Estates
Land UseResidential
Legal DescriptionLT 1 BLK 4 FLACK ESTATES SEC 3
Census Tract421700
Assessed Land Value$215,909
Assessed Improvement Value$338,232
Assessment Year2025

About this property

Welcome to this stunning Bellaire-area home that has been transformed with a complete remodel from the studs up. With a New Roof and upgraded Plex Plumbing, this home combines modern features with timeless elegance. Step inside and be captivated by the open floor plan thoughtfully designed to strike the perfect balance between entertainment space and a comfortable work-from-home environment. The kitchen boasts an oversized island with exquisite Quartz countertops, complemented by sleek stainless steel appliances. This stylish home has a versatile office/bedroom option. Secondary bedrooms offer added privacy, with a luxurious primary suite and bath. The backyard is spacious and inviting, with a large covered patio and decking area. This home is conveniently located near an Elementary School, with easy access to the Galleria, Medical Center, and Downtown. With a Low Tax Rate of 2.2%, it's a great opportunity to elevate your lifestyle in the highly sought-after Bellaire area.

Investor Tools

Property Icon
$591,000
Estimated Property Value
$343,664Estimated Mortgage Balance
$247,336Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,546 /month
Positive
Cash Flow Estimate:
$1,182 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,677
$554,141
2025
$215,909
$338,232
$554,141
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,677
$554,141

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$360,000
No
First
Nov 3, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,664
$246,336
41%
58%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,159/mo
+$67/mo
4.5%

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.

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 Pine St | Property Details | No Agent List