1Days on Market

7view

$384,000

5817 Washington Ave Unit C, Houston, TX, 77007

On Market

Just Added

3 Beds

2 Bath

1,734 Sq Ft

Single Family Residence

$221.45 / sqft

Built in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Electric Range, Dishwasher

FlooringVinyl Plank

Exterior

Lot Size1,647 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1267330010005

Lot Number5

SubdivisionRiverwood On Washington

Land UseResidential

Legal DescriptionLT 5 BLK 1 RIVERWOOD ON WASHINGTON SEC 1

Census Tract510801

Assessed Land Value$209,536

Assessed Improvement Value$157,758

Assessment Year2025

About this property

Gated living meets unbeatable Houston convenience! This light-filled 3BR/2BA single-family home features durable, scratch- and water-resistant vinyl plank flooring and an expansive open-concept layout designed to maximize space and natural light. Highlights include a kitchen equipped with a reverse osmosis water system, an oversized primary suite, and energy-efficiency upgrades: 2021 HVAC replacement, blown fiberglass attic insulation, and a radiant barrier. The HOA covers water, sewer, trash, and landscaping for effortless, low-maintenance living. Outstanding location with high walkability to Memorial Park, stores, restaurants, and nightlife. Rapid access to major freeways puts Downtown Houston and The Galleria just minutes away. Call your agent today to schedule a showing!

Investor Tools

$190,043Estimated Mortgage Balance

$217,957Estimated Equity

53% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,448 /month

Positive

Cash Flow Estimate:

$816 /month

Interested in this property?

Irene Yang

Primark Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$613/month

$597/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,311

$367,294

2025

$209,536

$157,758

$367,294

Tax History

Year

Tax Paid

Assessed Value

2024

$5,311

$367,294

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$217,500

First

Mar 17, 2020

Apr 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,043

$217,957

53%

47%

$1,305/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,902/mo

+$58/mo

5.8%

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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