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Owner Contacts

$417,000

NAL Estimated Property Value

5608 Petty Street 4, Houston, TX, 77007

Off Market

2 Beds

3 Bath

1,602 Sq Ft

Condos / Townhouses

$224.66 / sqft

Built in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Oven

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,991 sqft

Building Information

Year Built2006

Garage Spaces2

Land Information

APN1280870010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 TRINITY VILLAGE COURT R/P

Census Tract510901

Assessed Land Value$139,370

Assessed Improvement Value$240,630

Assessment Year2025

About this property

Contemporary home in the heart of Rice Military! No wall sharing. This is the ideal property for investors and/or first-time home buyers. No HOA! A truly rare find situated in the corner lot of a quaint community. No wall sharing! Exquisite curb appeal w/ stone exterior finish. The flooring throughout consists of oak hardwood & tiled floors. From the moment you enter this property, you are greeted w/ tall ceilings, oversized windows for natural light & ample spaces for all your furniture arrangements. Granite countertops in kitchen & bathrooms, recently painted & extremely well-maintained. Open concept w/ dining & living areas & grand breakfast bar. Ideal for entertaining. This property truly has it all! Enjoy the privacy of your enclosed, oversized patio w/ French doors. Abundance of storage spaces & large closets in the bedrooms. Even the kitchen pantry offers so much storage space. Your laundry room conveniently offers cabinets for all your needs. All appliances included!

Investor Tools

$417,000

Estimated Property Value

$327,520Estimated Mortgage Balance

$89,480Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,502 /month

Positive

Cash Flow Estimate:

$834 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$620/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,353

$380,000

2025

$139,370

$240,630

$380,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,353

$380,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Fha

$353,380

Yes

First

Jun 3, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$327,520

$89,480

21%

79%

$2,119/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,119/mo

+$461/mo

7.4%

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