$795,000
NAL Estimated Property Value5922 Fairdale Lane B, Houston, TX, 77057
Recently Sold
8/15/26
Highlights
Interior
Exterior
Lot Size11,164 sqft
Building Information
Year Built1965
Land Information
APN0780690020032
Lot Number32
SubdivisionRichmond Terrace
Land UseResidential
Legal DescriptionLT 32 BLK 2 RICHMOND TERRACE
Census Tract432004
Assessed Land Value$636,291
Assessed Improvement Value$40,709
Assessment Year2025
About this property
Spacious 2-bedroom condo with over 1,400 sq ft in the heart of the Galleria area! This well-kept unit features a functional layout with large living areas and comfortably sized bedrooms. Excellent location with quick access to US-59/I-69, making commuting a breeze. Close to top shopping, dining, and entertainment.
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,512/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,165
$677,000
2025
$636,291
$40,709
$677,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$14,165
$677,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tomo Mortgage Llc
Conventional
$581,250
No
First
Oct 21, 2025
Nov 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,472
$220,528
27%
72%
$3,485/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$3,485/mo
$-865/mo
4.0%
