1120Days on Market

1view

$2,200

5827 Southminster Dr, Houston, TX, 77035

On Market

3 Beds

2 Bath

1,404 Sq Ft

Single Family Residence

$1.57 / sqft

Built in 1962

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood, Vinyl

Exterior

Lot Size8,385 sqft

Building Information

Year Built1962

Stories1

Garage Spaces2

Land Information

APN0903920000010

Lot Number9,10

SubdivisionWestbury South

Land UseResidential

Legal DescriptionE 4.71 FT OF LT 9 & W 56.53 FT OF LT 10 BLK 141 WESTBURY SOUTH

Census Tract422100

Assessed Land Value$62,332

Assessed Improvement Value$175,658

Assessment Year2025

About this property

Very cool and rare find in Westbury South. This home has great open living spaces, pitched ceilings with a slightly modern feel. Engineered wood and luxury Vinyl flooring throughout (all carpet has been replaced with luxury vinyl). Amazing upgrades include: NEW windows, Kitchen remodel including new cabinets, counter tops, back splash and pantry, new AC, furnace, water heater, and garage doors. Enjoy the huge wonderfully landscaped back yard and gorgeous deck. Conveniently located near the med center and downtown with easy access to major freeways. This 3 bed, 2 bath home is in pristine condition and is move in ready. Home has never flooded.

Investor Tools

$127,301Estimated Mortgage Balance

$129,699Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,542 /month

Positive

Cash Flow Estimate:

$514 /month

Interested in this property?

Stephanie Willis

Martha Turner Sotheby's International Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$549/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,302

$237,990

2025

$62,332

$175,658

$237,990

Tax History

Year

Tax Paid

Assessed Value

2024

$5,302

$237,990

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Steven M Palazzo

Seller Carryback / Seller Financing / Seller Take-Back

$148,250

First

May 31, 2019

May 2029

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$127,301

$129,699

50%

$889/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$889/mo

+$833/mo

8.0%

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