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$796,000

5635 Meadow Lake Lane, Houston, TX, 77056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$368.28 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size11,391 sqft

Building Information

Year Built1953
Stories1
Garage Spaces3

Land Information

APN0780090060006
Lot Number6
SubdivisionBriarcroft
Land UseResidential
Legal DescriptionLT 6 BLK 6 BRIARCROFT
Census Tract431801
Assessed Land Value$641,700
Assessed Improvement Value$123,732
Assessment Year2025

About this property

Beautifully-appointed, ranch-style home situated on a sprawling 11,390 lot (HCAD) w/ 3 bedrooms, 2 full baths & pool-sized yard. Traditional floor plan features formal entry with cased opening to formal dining room and adjacent study or playroom. Updated kitchen features large granite breakfast bar with great storage, stainless appliances and subway tile backsplash. Breakfast room is open to kitchen and living room. Spacious family room features wall of French doors overlooking back patio and yard. East side of home features two spacious guest bedrooms with hardwood floors share guest bath with double sinks. Primary bedroom with hardwoods and walk-in closet features en-suite, spa-like bath with walk-in shower, jetted tub and double sinks. Oversized 2-car garage with additional parking in motor court. Back patio and backyard make for fun entertaining. Centrally located with close proximity to Galleria, major freeways, and world-class shopping and dining. All per seller.

Investor Tools

Property Icon
$796,000
Estimated Property Value
$0Estimated Mortgage Balance
$511,534Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,069/month
$799/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,854
$765,432
2025
$641,700
$123,732
$765,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,854
$765,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Open End Mortgage / Open End With Future Advance Clause
$300,000
No
First
Jul 19, 2023
Jul 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,466
$511,534
64%
36%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,598/mo
$-18/mo
3.9%

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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5635 Meadow Lake Lane | Property Details | No Agent List