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$400,000

5818 Kiam St, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,034 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.66 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Freestanding Oven, Gas Oven, Oven, Trash Compactor, Microwave, Gas Cooktop, Gas Range, Indoor Grill, Dishwasher
FlooringEngineered Wood, Stone, Tile, Vinyl Plank, Wood

Exterior

Exterior FeaturesBack Green Space, Balcony, Sprinkler System
Lot Size2,688 sqft

Building Information

Year Built2003
Stories2
Garage Spaces1

Land Information

APN0102360010001
Lot Number1
SubdivisionCottage Grove R/P
Land UseResidential
Legal DescriptionLT 1 BLK 1 COTTAGE GROVE SEC 4 R/P
Census Tract510901
Assessed Land Value$188,090
Assessed Improvement Value$277,028
Assessment Year2025

About this property

Inner loop living gets a stylish 2026 upgrade in this beautifully refreshed home tucked into Cottage Grove. A gated 9-New Orleans home-style community near Memorial Park & White Oak Bayou trails. Rich hardwood flooring, plantation shutters, fresh neutral paint & updated lighting set the tone downstairs, where flexible living & dining spaces flow into an eat-in kitchen w/granite counters, tile backsplash, freshly painted cabinetry, updated hardware, SS appliances & gas cooking, custom oversized SS sink, breakfast nook & bar seating. Upstairs offers updated LVP flooring, 3 bedrooms, utility room w/washer & dryer included, + an inviting owner’s retreat w/vaulted ceiling, private balcony, custom walk-in closet & spa-inspired ensuite. Recent 2-zone A/C, exterior paint, storm door, upgraded bidet toilets, refreshed garage epoxy & a fully loaded 2024 Generac natural gas standby generator add comfort, value & peace of mind. Zoned to Memorial Ele, Hogg Mid, & Waltrip HS. Home has never flooded.

Investor Tools

$254,779Estimated Mortgage Balance
$211,306Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,791 /month
Positive
Cash Flow Estimate:
$930 /month

Interested in this property?

Fabian Corzo

Corzo Group Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,192
$465,118
2025
$188,090
$277,028
$465,118
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,192
$465,118

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$279,000
No
First
Dec 20, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,779
$215,221
45%
55%
$1,673/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,173/mo
$-1,593/mo
6.7%

City: Houston

5818 Kiam St | Property Details | No Agent List