B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$393,000

NAL Estimated Property Value

5949 Katy St, Houston, TX, 77007

Off Market

3 Beds

2 Bath

1,460 Sq Ft

Single Family Residence

$1.71 / sqft

Built in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size1,904 sqft

Building Information

Year Built2005

Garage Spaces1

Land Information

APN0102440000749

SubdivisionCottage Grove

Land UseResidential

Legal DescriptionTR 720 COTTAGE GROVE SEC 4

Census Tract510901

Assessed Land Value$133,210

Assessed Improvement Value$216,349

Assessment Year2025

About this property

Welcome to your dream home! This stunning 2-story residence boasts 3 bedrooms and 2 bathrooms, featuring a modern kitchen adorned with elegant granite countertops, a convenient breakfast bar, and abundant cabinet space. With an open floor plan, hardwood flooring, and two guest bedrooms plus a full bath on the first floor, this home offers both style and functionality. Retreat to the second floor to find the luxurious primary bedroom with an en-suite bath, providing ultimate comfort and privacy. Enjoy the convenience of being near shopping, nightlife, restaurants, and the beautiful Memorial Park, making every day a new adventure

Investor Tools

$393,000

Estimated Property Value

$241,966Estimated Mortgage Balance

$151,034Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,358 /month

Positive

Cash Flow Estimate:

$786 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$567/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,841

$349,559

2025

$133,210

$216,349

$349,559

Tax History

Year

Tax Paid

Assessed Value

2024

$4,841

$349,559

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Fha

$314,056

Yes

First

Sep 15, 2015

Oct 2045

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$241,966

$148,034

37%

62%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

N/A

+$2,580/mo

7.9%

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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