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$1,234,000

5618 Chaucer Dr, Houston, TX, 77005

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,371 Sq Ft
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Washer, Dishwasher

Exterior

Lot Size2,849 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN0600460130001
SubdivisionWindermere
Land UseResidential
Legal DescriptionTR 1A BLK 13 WINDERMERE
Census Tract412000
Assessed Land Value$256,590
Assessed Improvement Value$250,425
Assessment Year2025

About this property

Come live in one of the most sought areas in Houston. This property is located across the street from Rice Village and a block from Rice University. This property is also minutes from The Medical Center, the Metro Rail, and much more! The unit is a beautiful 2 bed, 2.5 bath with tons of space. Property has a massive living space with cozy fireplace, wet bar, and private patio area. Duette Honeycomb Blinds w/hurricane strength shutters. Large kitchen has gorgeous cherry cabinets, lots of countertop space. There is also a formal dining space with built in shelving next to the kitchen. All bedrooms are upstairs. Spacious primary bedroom with two balconies one facing north and the other facing south, with a massive walk in closet. 2nd bedroom and extra room also have balcony views. *Special clause: Tenant may receive a 90 day notice to vacate at any time. Tenant can provide 30 day notice to vacate at anytime* This unit won't last!

Investor Tools

Property Icon
$1,234,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,234,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,404 /month
Positive
Cash Flow Estimate:
$2,468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,390
$507,015
2025
$256,590
$250,425
$507,015
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,390
$507,015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,330,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
1.9%

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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5618 Chaucer Dr | Property Details | No Agent List