12Days on Market

19view

$170,000

5941 South Loop E Unit 603, Houston, TX, 77033

On Market

Just Added

2 Beds

2 Bath

1,030 Sq Ft

Condos / Townhouses

$165.05 / sqft

Built in 2009

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesFreestanding Oven, Microwave, Gas Cooktop, Dryer, Washer, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size10.57 acres

Building Information

Year Built2009

Garage Spaces1

Land Information

APN1272560060003

SubdivisionContemporary South

Land UseResidential

Legal DescriptionUNIT 603 BLDG 6 .0135 IN COMMON LAND & ELE CONTEMPORARY SOUTH T/H CONDO AMEND

Census Tract313400

Assessed Land Value$36,423

Assessed Improvement Value$155,277

Assessment Year2025

About this property

NEW AC • NEW WATER HEATER • NEW COUNTERTOPS • NEW CARPET Freshly updated and move in ready! This townhome stands out from others in the gated community with major recent improvements: New AC August 2025 New water heater August 2025 New countertops August 2026 New carpet August 2026 Located in a gated community just minutes from the University of Houston, Texas Medical Center, Downtown, Midtown, and the Museum District. Enjoy easy access to major highways, employment centers, universities, hospitals, dining, and entertainment. Ideal for a first time buyer, professional, or investor. The flexible layout may also offer house hacking or rental potential. Why this one? The major updates are already done! Move in ready with the big ticket improvements completed in a highly convenient Houston location.

Investor Tools

$115,914Estimated Mortgage Balance

$75,786Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,150 /month

Positive

Cash Flow Estimate:

$383 /month

Interested in this property?

Carlen Rosson

eXp Realty LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$275/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,346

$191,700

2025

$36,423

$155,277

$191,700

Tax History

Year

Tax Paid

Assessed Value

2024

$2,346

$191,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Choice Loan Services Inc

Conventional

$135,900

First

Apr 26, 2019

May 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$115,914

$75,786

39%

60%

$815/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,190/mo

+$117/mo

8.2%

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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