B+

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Owner Contacts

$422,000

NAL Estimated Property Value

5661 Larkin St, Houston, TX, 77007

Off Market

3 Beds

3 Bath

2,161 Sq Ft

Single Family Residence

$205.41 / sqft

Built in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,222 sqft

Building Information

Year Built2003

Garage Spaces1

Land Information

APN1237420010011

Lot Number11

SubdivisionContemporary Park

Land UseResidential

Legal DescriptionLT 11 BLK 1 CONTEMPORARY PARK SEC 4

Census Tract510901

Assessed Land Value$155,400

Assessed Improvement Value$261,481

Assessment Year2025

About this property

Welcome to a modern two-story residence in Cottage Grove! Excellent location off I-10 and close to retail, restaurants and Cottage Grove Park. Featuring 3 bedrooms, 2.5 baths and a study, this impeccably maintained home offers a pristine living environment. The second-floor open concept floor plan is designed for optimal entertainment. Adorned with contemporary, neutral hues, updated fixtures, and stainless-steel appliances, the interior exudes a clean and stylish ambiance. The primary bathroom has been transformed into a luxurious spa-like retreat, showcasing a modern soaking tub and a frameless shower. Recent upgrades include a newer roof (2020) and a Daikin Fit 4 Ton Variable Speed HVAC system (2021). The property is fully fenced, providing a small, but charming backyard space. This meticulously updated home is poised and ready for its new occupants!

Investor Tools

$422,000

Estimated Property Value

$240,234Estimated Mortgage Balance

$181,766Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,663 /month

Positive

Cash Flow Estimate:

$888 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$640/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,566

$416,881

2025

$155,400

$261,481

$416,881

Tax History

Year

Tax Paid

Assessed Value

2024

$5,566

$416,881

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

Conventional

$250,000

First

Mar 8, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$240,234

$190,766

44%

57%

$1,499/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,499/mo

+$1,081/mo

7.3%

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.

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