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$369,000

5659 Pine St, Houston, TX, 77081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.42 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size1,917 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1225010020001
Lot Number1
SubdivisionContemporary Southwest Amend
Land UseResidential
Legal DescriptionLT 1 BLK 2 CONTEMPORARY SOUTHWEST AMEND
Census Tract421700
Assessed Land Value$99,468
Assessed Improvement Value$197,003
Assessment Year2025

About this property

Your search stops here! A rare find in the Meyerland Area. This Patio Home is one of two properties in the complex with its own private backyard complete with a sprinkler system. Loaded with architectural design elements throughout, home features vaulted and tray ceilings, custom Hunter Douglas Duette & Silhouette window treatments throughout, and custom awning over French doors at patio. Flooring is adorned with African slate, limestone tile, and berber carpet. Kitchen features stainless steel appliances, Granite countertops, and custom faux painted cabinets. Alluring Primary Bath is complete w/jetted tub, custom dual sinks and shelving, and closet with built in drawers and shelving. The private backyard oasis has crepe myrtle and palm trees waiting for you to make it your own retreat... perhaps a small lap pool, a putting green or a walking labyrinth. Truly a rare find in the city for under 300K! Per seller...Never Flooded!!!!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$212,500Estimated Mortgage Balance
$179,824Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,576
$296,471
2025
$99,468
$197,003
$296,471
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,576
$296,471

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$212,500
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,176
$280,824
59%
51%
$1,275/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,500/mo
+$222/mo
5.6%

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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