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Days44Days on Market
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$178,000

5707 Lakefield Dr, Houston, TX, 77033

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,237 Sq Ft
price_per_sqft$143.9 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,174 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0910680000030
Lot Number30
SubdivisionCrestmont
Land UseResidential
Legal DescriptionLT 30 BLK 11 CRESTMONT SEC 3
Census Tract332400
Assessed Land Value$63,063
Assessed Improvement Value$46,645
Assessment Year2025

About this property

Situated in Houston's rapidly growing southeast corridor, 5707 Lakefield Dr, Houston, TX 77033 offers an outstanding opportunity for both investors and future homeowners. This spacious 4-bedroom, 2-bathroom home features approximately 1,237 square feet of living space with a functional layout designed for comfortable everyday living. Conveniently located near Highway 288, Loop 610, Beltway 8, the Texas Medical Center, Downtown Houston, the University of Houston, and Hobby Airport, the property provides easy access to major employment centers, dining, shopping, and entertainment. Whether you're looking to expand your investment portfolio or purchase your first home in an area experiencing continued redevelopment and appreciation, this property checks all the boxes. The home is currently tenant occupied with a lease in place through August 31, 2026, providing immediate rental income. Please do not disturb the tenant. Showings are by appointment only.

Investor Tools

$0Estimated Mortgage Balance
$109,708Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

Interested in this property?

Brook Wilson

FYI Realty - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,396
$109,708
2025
$63,063
$46,645
$109,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,396
$109,708

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$109,708
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
24.3%

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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5707 Lakefield Dr | Property Details | No Agent List