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$485,497

5616 Kiam St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.6 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,782 sqft

Building Information

Year Built2012
Garage Spaces1

Land Information

APN1309150010004
Lot Number4
SubdivisionKiam Koncepts
Land UseResidential
Legal DescriptionLT 4 BLK 1 KIAM KONCEPTS
Census Tract510901
Assessed Land Value$124,670
Assessed Improvement Value$360,827
Assessment Year2025

About this property

This beautifully maintained patio home is located in a small gated community in the heart of Cottage Grove. Home features light-filled living room on the second floor, open to kitchen and dining room. Kitchen features large island, breakfast bar, and plenty of cabinet and counter space. Spacious primary bedroom on the third floor with an abundance of closet space, his/her sinks, jetted tub, and large shower area. Guest bedroom with bathroom en-suite on the first floor and another secondary bedroom with bathroom en-suite on the third floor. Home also features a small side yard and additional parking spot that could be shared with neighbors. Home is minutes from the Memorial Park, Downtown, and the Houston Heights.

Investor Tools

Property Icon
$485,497
Estimated Property Value
$360,050Estimated Mortgage Balance
$162,387Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,913 /month
Positive
Cash Flow Estimate:
$971 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,302
$485,497
2025
$124,670
$360,827
$485,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,302
$485,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$360,050
No
First
Jan 25, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,110
$162,387
33%
67%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,159/mo
+$421/mo
6.4%

Learn About the Market: Opportunity in Houston

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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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5616 Kiam St | Property Details | No Agent List