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Street View

$431,000

NAL Estimated Property Value

5906 Kiam Street, Houston, TX, 77007

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2,012 sqft

Land Information

APN1362030010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 KIAM COURT
Census Tract510901
Assessed Land Value$140,910
Assessment Year2025

About this property

Prime opportunity in Cottage Grove with a cleared, level, and builder-ready lot with 50 feet of frontage on Kiam Street. This fenced lot with rear alley access provides flexibility for a custom single-family home or multiple townhomes, surrounded by a mix of new construction and established residences. Located just minutes from Memorial Park, the Heights, and Washington Corridor, with quick freeway access to Downtown and the Galleria, the site offers both convenience and lifestyle appeal. With steady neighborhood growth and strong buyer demand, this property stands out as a valuable investment for developers and future homeowners alike.

Investor Tools

Property Icon
$431,000
Estimated Property Value
$46,929Estimated Mortgage Balance
$384,071Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,948
$140,910
2025
$140,910
N/A
$140,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,948
$140,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Gulf Bank Na
Commercial
$58,013
No
First
Apr 27, 2017
Apr 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,929
$384,071
89%
11%
$348/mo

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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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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5906 Kiam Street | Property Details | No Agent List