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$530,000

5807 Katy Street, Houston, TX, 77007

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,750 sqft

Land Information

APN0102350000273
Lot Number271-274
SubdivisionCottage Grove
Land UseResidential
Legal DescriptionLTS 271 272 273 & 274 COTTAGE GROVE SEC 4
Census Tract510901
Assessment Year2025

About this property

5807 Katy Street is an amazing 4 LOT Opportunity for a Builder or Developer to build Detached New Construction Properties in a Prime Inner 610 Loop Location! This property has frontage to Katy Road and is surrounded by developed properties. There is also a lot of new construction being built in this Immediate Highly Desired Area selling at premium prices. This property is just minutes from I10 & 610, 10 minutes from Downtown, 10 minutes from the Galleria, 5 minutes from Memorial Park, and there are a wide variety of shopping and entertainment options within close proximity. This is a one of a kind opportunity that is rare to come across in an area that is very limited in Development Opportunities. This is a tremendous opportunity to secure 4 LOTS and transform it into an extremely successful venture. The lots have already been cleared and they are ready for construction. This area is proven to have consistent buyer demand due to the tremendous location.

Investor Tools

$0Estimated Mortgage Balance
$544,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Brian Carter

Trust Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,088
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,088
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$544,000
100%
0%
$0/mo

City: Houston

5807 Katy Street | Property Details | No Agent List