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$119,900

5810 Flamingo Drive, Houston, TX, 77033

$155,870 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,462 Sq Ft
price_per_sqft$82.01 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
FlooringWood

Exterior

Lot Size6,695 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0870640000003
Lot Number3
SubdivisionEdgewood Terrace
Land UseResidential
Legal DescriptionLT 3 BLK 13 EDGEWOOD TERRACE SEC 2
Census Tract332400
Assessed Land Value$65,980
Assessed Improvement Value$67,091
Assessment Year2025

About this property

Great opportunity to own this newly remodeled 4-bedroom, 1-bathroom property is a strategic location in Houston TX. Few minutes to Houston Texans Stadium, less than 15 minutes to Downtown Houston and Houston Medical Center. Updated systems include HVAC system, electrical system and many others.

Investor Tools

$153,691Estimated Mortgage Balance
$9,309Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$155,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

Interested in this property?

Cyril Okeke

Greer Real Estate Solution, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,793
$133,071
2025
$65,980
$67,091
$133,071
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,793
$133,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Concepts Inc
Conventional
$163,200
No
First
Mar 17, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,691
$9,309
5%
94%
$979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$979/mo
+$743/mo
12.7%

City: Houston