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Owner Contacts

$145,000

NAL Estimated Property Value

5815 Pershing St, Houston, TX, 77033

Off Market

3 Beds

1 Bath

1,518 Sq Ft

$52.7 / sqft

Built in 1947

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Exterior

Lot Size6,612 sqft

Building Information

Year Built1947

Stories1

Garage Spaces1

Land Information

APN0761540490031

Lot Number31

SubdivisionSouthcrest

Land UseResidential

Legal DescriptionLT 31 BLK 38 SOUTHCREST SEC 5

Census Tract332200

Assessed Land Value$72,683

Assessed Improvement Value$56,247

Assessment Year2025

About this property

Home ready for a full rehab, offering the perfect canvas for investors looking to unlock serious potential. Located in a rapidly developing neighborhood, this is a rare chance to acquire a value-add property in an area primed for long-term appreciation. On the market for the first time in 29 years, this home is ideal for a full renovation or redevelopment project. Just minutes from 610 and within 15 minutes of the Texas Medical Center, Hermann Park, NRG Stadium, and Hobby Airport—plus only 20 minutes to Downtown Houston—this location offers unbeatable access to major city hubs. Whether you're looking to flip, hold, or rent, the large lot and spacious layout offer endless possibilities for customization.

Investor Tools

$145,000

Estimated Property Value

$0Estimated Mortgage Balance

$145,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$870 /month

Positive

Cash Flow Estimate:

$290 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$110/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$599

$128,930

2025

$72,683

$56,247

$128,930

Yes (2022)

Tax History

Year

Tax Paid

Assessed Value

2024

$599

$128,930

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$128,930

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

14.3%

Learn About the Market: Opportunity in Houston

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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.

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