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$297,000

NAL Estimated Property Value

5814 N Magazine Cir, Houston, TX, 77084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,776 sqft

Building Information

Year Built1989
Garage Spaces2

Land Information

APN1163260030032
Lot Number32
SubdivisionGeorgetown Colony
Land UseResidential
Legal DescriptionLT 32 BLK 3 GEORGETOWN COLONY SEC 2
Census Tract540601
Assessed Land Value$57,103
Assessed Improvement Value$177,986
Assessment Year2025

About this property

Nice brick home! Newly remodeled, wood floors, high ceilings, fireplace, primary bath has double sinks and separate shower and oversized bathtub. Nice patio area with fenced back yard. Super clean home! Ask your real estate professional about unique purchase options the seller may consider!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$25,504Estimated Mortgage Balance
$271,496Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,895
$235,089
2025
$57,103
$177,986
$235,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,895
$235,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deshainareneedawson
Stand Alone Second / Subordinate Position
$26,000
No
First
May 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,504
$271,496
91%
9%
$156/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$156/mo
+$1,884/mo
8.2%

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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5814 N Magazine Cir | Property Details | No Agent List