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$214,928

NAL Estimated Property Value

5747 Reed Road, Houston, TX, 77033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.68 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile, Vinyl, Wood

Exterior

Lot Size7,440 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0870590000032
Lot Number32
SubdivisionEdgewood Terrace
Land UseResidential
Legal DescriptionLT 32 BLK 8 EDGEWOOD TERRACE SEC 2
Census Tract332400
Assessed Land Value$69,700
Assessed Improvement Value$145,228
Assessment Year2025

About this property

3 BED/1.5 BATH/2 CAR ATTACHED GARAGE. THIS HOME WAS GUTTED AND REMODELED IN 2018. UPDATED SHAKER STYLE CABINETS, GRANITE COUNTER TOPS, BACKSPLASH, DOORS, TILE FLOORS, LARGE CLOSETS, STAINLESS STEEL APPLIANCES, WOOD FLOORS, RECESSED LED CAN LIGHTS, AND THE LIST GOES ON AND ON. ALL SELLER OWNED APPLIANCES INCLUDED IN THE SALE. **FRESH PAINT**

Investor Tools

Property Icon
$214,928
Estimated Property Value
$139,777Estimated Mortgage Balance
$75,151Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,486
$214,928
2025
$69,700
$145,228
$214,928
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,486
$214,928

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Francisca Benavidez Ltd
Purchase Money Mortgage
$150,000
No
First
Sep 15, 2022
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,777
$75,151
34%
65%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$900/mo
+$822/mo
9.6%

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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5747 Reed Road | Property Details | No Agent List