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Days17Days on Market
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$85,000

$95,000

5715 Southseas St, Houston, TX, 77033

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$61.59 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central

Exterior

Lot Size7,327 sqft

Building Information

Year Built1947
Stories1

Land Information

APN0761540460022
Lot Number22
SubdivisionSouthcrest
Land UseResidential
Legal DescriptionLT 22 BLK 35 SOUTHCREST SEC 5
Census Tract332200
Assessed Land Value$76,610
Assessed Improvement Value$49,744
Assessment Year2025

About this property

Investor Opportunity! This 3-bedroom, 1-bath home offers approximately 1,380 SF on a 7,329 SF lot in an established neighborhood. Priced at just $95,000, well below the current tax-assessed value of approximately $122,000, this property offers excellent potential for investors, rehabbers, or buyers looking to build equity. The home is being sold AS-IS, WHERE-IS and will require repairs and updating. Interior access is now available. Visible water damage is present, and buyers should conduct their own inspections and due diligence regarding the condition of the property. Proof of funds required with all offers.

Investor Tools

Property Icon
$165,000
Estimated Property Value
$0Estimated Mortgage Balance
$165,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Joe Iley

Mission Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,858
$126,354
2025
$76,610
$49,744
$126,354
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,858
$126,354

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$165,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
12.5%

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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