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$250,000

5927 Clarewood Drive, Houston, TX, 77081

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,893 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.07 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size9,853 sqft

Building Information

Year Built1957
Stories1
Garage Spaces3

Land Information

APN0860640000002
Lot Number2
SubdivisionShenandoah
Land UseResidential
Legal DescriptionLT 2 BLK 13 SHENANDOAH SEC 3
Census Tract421403
Assessed Land Value$93,150
Assessed Improvement Value$117,561
Assessment Year2025

About this property

Step into this unique opportunity to enhance, personalize & make your vision a reality—all w/in a functional layout designed for everyday living. W/ 2 spacious living areas, there’s flexibility to design spaces that fit your lifestyle. The layout provides a strong foundation for updates over time, allowing you to tailor finishes & features to your personal style & needs while building equity along the way. The kitchen & dining areas connect seamlessly, where original built-in cabinetry & sliding glass details offer a nod to the home’s character, ready to be refreshed or reimagined. The wood-burning steel fireplace anchors one of the living spaces, creating a focal point w/ timeless appeal while the other living space offers the opportunity for a game room or other entertaining space. Outdoors, the covered back patio offers year-round enjoyment. Dual driveways provide added parking & access w/ sought after 2-car detached garage w/ attached 300+sf workshop—a rare feature for the area.

Investor Tools

$42,161Estimated Mortgage Balance
$205,839Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38
$210,711
2025
$93,150
$117,561
$210,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$38
$210,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Sep 8, 2018
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,161
$205,839
82%
17%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$300/mo
+$1,422/mo
8.3%

City: Houston

5927 Clarewood Drive | Property Details | No Agent List