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$415,000

NAL Estimated Property Value

5606 Megan Street, Pearland, TX, 77581

$514,030 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,412 Sq Ft
price_per_sqft$119.87 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,349 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2877-1002-210
Lot Number21
SubdivisionColony Park
Land UseResidential
Legal DescriptionCOLONY PARK (A0237 H T & B)(PEARLAND) BLK 2 LOT 21
Census Tract660503
Assessed Land Value$26,460
Assessed Improvement Value$350,130
Assessment Year2025

About this property

Stunning 4 bedroom, 3.5 bathroom home located in a small subdivision with a low HOA. This beautiful two story brick residence features two spacious primary suites, each offering large walk in closets and private en suite bathrooms; one conveniently located on the first floor and the other upstairs, ideal for multi-generational living or added privacy. The open concept layout boasts a spacious kitchen with a center island that flows seamlessly into the main living area, creating the perfect space for gathering and entertaining. A grand foyer welcomes you in, while the backyard patio/deck and recently built fence provide a great outdoor retreat. The home also includes recently upgraded appliances for added value and convenience. Offering the perfect balance of community and affordability, this home is ideally situated with easy access to major highways including 288, Beltway 8, and 518, as well as nearby shopping and dining. Schedule your showing today, this one won’t last!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$174,747Estimated Mortgage Balance
$240,253Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$514,029
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
$54/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,393
$376,590
2025
$26,460
$350,130
$376,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,393
$376,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$181,850
No
First
Mar 12, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,747
$240,253
57%
42%
$1,091/mo

City: Pearland

5606 Megan Street | Property Details | No Agent List