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$253,000

NAL Estimated Property Value

5827 Heron Dr, Houston, TX, 77033

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,629 Sq Ft
price_per_sqft$85.33 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,018 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0870630000032
Lot Number32
SubdivisionEdgewood Terrace
Land UseResidential
Legal DescriptionLT 32 BLK 12 EDGEWOOD TERRACE SEC 2
Census Tract332400
Assessed Land Value$67,600
Assessed Improvement Value$82,489
Assessment Year2025

About this property

TOTAL REHAB READY! A MOTIVATED SELLER is **GIVING AWAY** this opportunity on a great lot with NO HOA restrictions. This home needs COMPLETE UPDATES and features a SPACIOUS GARAGE plus DRIVEWAY PARKING FOR APPROXIMATELY 6 CARS - ideal for investors or builders seeking a prime location near BELTWAY 8 with easy access to I-45, I-59, AND FUQUA PARK SHOPPING CENTER. The EXPANSIVE PROPERTY offers plenty of potential for your vision. Situated minutes from HOUSTON'S MEDICAL CENTER, DOWNTOWN, TEXAS SOUTHERN UNIVERSITY, AND WILLIAM P. HOBBY AIRPORT, this location delivers maximum convenience. With strong rental demand in the area and proximity to ALMEDA MALL, SUNNY'S SUPERMARKET, AND METRO RAIL, this is a HIGH-VALUE INVESTMENT OPPORTUNITY. BRING YOUR CONTRACTOR AND YOUR VISION <<< CALL NOW BEFORE THIS DEAL IS GONE!!!>>>

Investor Tools

Property Icon
$253,000
Estimated Property Value
$0Estimated Mortgage Balance
$243,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$150,089
2025
$67,600
$82,489
$150,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$150,089

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
10.6%

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.

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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5827 Heron Dr | Property Details | No Agent List