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$239,000

NAL Estimated Property Value

5611 Milart Street, Houston, TX, 77021

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.4 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Oven, Microwave, Gas Range, Refrigerator
FlooringWood

Exterior

Lot Size8,851 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0680030000023
Lot Number23
SubdivisionArnel Place
Land UseResidential
Legal DescriptionLT 23 ARNEL PLACE
Census Tract313300
Assessed Land Value$142,650
Assessed Improvement Value$59,350
Assessment Year2025

About this property

Beautiful brick home sits on a corner lot in an established neighborhood near the University of Houston. This home has been fully renovated including all new electrical, hvac, pex plumbing, renovated bathrooms and custom kitchen cabinets with granite counterops and orginial hardwood floors.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,680
$202,000
2025
$142,650
$59,350
$202,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,680
$202,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Logan Finance Corp
Conventional
$231,000
No
First
Oct 16, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,483
$14,517
6%
94%
$1,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,385/mo
+$337/mo
8.6%

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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5611 Milart Street | Property Details | No Agent List