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$414,000

NAL Estimated Property Value

5715 Larkin St Unit B, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,006 Sq Ft
price_per_sqft$180.91 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringBamboo, Carpet, Concrete, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,551 sqft

Building Information

Year Built2007
Garage Spaces1

Land Information

APN1285380010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 LARKIN GROVE TOWNHOMES
Census Tract510901
Assessed Land Value$108,500
Assessed Improvement Value$288,876
Assessment Year2025

About this property

Urban Oasis in a phenomenal location with easy access to Downtown, the Galleria and walking distance to Hike & Bike Trails, Memorial Park, the Railway Heights Market, and dining, shopping and entertainment. This contemporary move-in ready 4 story home was built by a small developer in a bamboo-shaded nook and features a custom-built railing spiraling up to the spacious Rooftop Terrace. Large windows illuminate the open concept living, dining and kitchen with high ceilings, bamboo floors, quartz countertops, and stainless steel appliances. All 3 bedrooms have access to private full baths with modern finishes and travertine tile. Utility overhaul and upgrades in 2018, New Windows, A/C, Exterior paint, and New Hot Water Heater in December 2020 make this home LIKE NEW! The refrigerator, washer and dryer remain. All this with no maintenance fees and ample street parking for extra vehicles. This is not your cookie-cutter townhome. Make plans to tour today; you won’t be disappointed.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$334,062Estimated Mortgage Balance
$79,938Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,899
$397,376
2025
$108,500
$288,876
$397,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,899
$397,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$340,955
No
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,062
$97,938
22%
81%
$2,216/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,216/mo
+$364/mo
7.5%

City: Houston

5715 Larkin St Unit B | Property Details | No Agent List