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Days32Days on Market
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$140,000

5950 Southlark St, Houston, TX, 77033

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,282 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.2 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,293 sqft

Building Information

Year Built1945
Stories1

Land Information

APN0761540230001
Lot Number1
SubdivisionSouthcrest
Land UseResidential
Legal DescriptionLT 1 BLK 23 SOUTHCREST SEC 2
Census Tract332200
Assessed Land Value$92,928
Assessed Improvement Value$82,539
Assessment Year2025

About this property

Investor special with incredible potential! This 3 bedroom, 1 bathroom home offers 1,282 square feet of living space on a generous 10,296 square foot lot. Whether you're looking for your next renovation project, rental property, or future investment, this home is ready for your vision. The property features a new electrical panel, and work has already begun on creating a primary suite with plumbing in place, providing an excellent head start for your renovation plans. Situated on an oversized lot with plenty of room for expansion or outdoor living, this property offers endless possibilities. Conveniently located near shopping, dining, schools, and major roadways. Property is being sold as is, and the seller will make no repairs. Seller is open to considering all reasonable offers.

Investor Tools

$0Estimated Mortgage Balance
$175,467Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,053 /month
Positive
Cash Flow Estimate:
$351 /month

Interested in this property?

Michael Gee

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$175,467
2025
$92,928
$82,539
$175,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$175,467

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$175,467
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
11.8%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
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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5950 Southlark St | Property Details | No Agent List