$160,000
5810 Southseas Street, Houston, TX, 77033
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Dishwasher
FlooringTile, Vinyl Plank, Wood
Exterior
Lot Size8,638 sqft
Building Information
Year Built1947
Stories1
Garage Spaces2
Land Information
APN0761540490008
Lot Number8
SubdivisionSouthcrest
Land UseResidential
Legal DescriptionLT 8 BLK 38 SOUTHCREST SEC 5
Census Tract332200
Assessed Land Value$83,820
Assessed Improvement Value$70,929
Assessment Year2025
About this property
*** Attention Income Investors *** This 3 bedroom 1 bathroom basic home has been recently (2024) renewed. This spacious property offers plenty of room for comfortable living. All PEX Plumbing, Repaired Foundation and ALL New Kitchen Cabinets, Bathroom, Water Heater, Flooring & Lighting. Currently has a long term tenant. Sizable back yard for future ADU addition planning. Conveniently located near Texas Medical Center, NGR (99 & Westpark) & minutes from 610 Loop and HWY 288.
Investor Tools
$127,667Estimated Mortgage Balance
$27,082Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,045
$154,749
2025
$83,820
$70,929
$154,749
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,045
$154,749
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tusker Capital Fund Llc
Purchase Money Mortgage
$132,000
No
First
Aug 30, 2024
Jun 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,667
$27,082
17%
82%
$792/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$792/mo
+$930/mo
13.4%
