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$375,000

5978 Kansas St, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,059 Sq Ft
price_per_sqft$182.13 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Washer Included, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Lot Size1,938 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1261020010008
Lot Number8
SubdivisionKansas Street Place
Land UseResidential
Legal DescriptionLT 8 BLK 1 KANSAS STREET PLACE
Census Tract510901
Assessed Land Value$135,590
Assessed Improvement Value$261,942
Assessment Year2025

About this property

Affordable Luxury! Beautiful 2-story home w/ 1st floor living in small gated community! Highly sought after location near Memorial Park. Abundant dining/entertainment options close by. Access to Heights Hike & Bike trail. Wood floors, recessed lights & crown molding downstairs. Art niche in entry & wrought iron banister leading upstairs. Spacious living room opens to kitchen w/ Island/bar, granite counters, tile backsplash & stainless steel appliances (Gas stove/range). White cabinets. Large Dining area w/ Custom lighting. Charming outdoor paver backpatio - perfect for relaxing & grilling! HUGE Primary suite w/ 2 big walk-in closets, High ceilings & French doors to Juliette balcony. Luxurious Primary bathrm w/Soaking tub, shower, granite counters & dbl-sinks. Secondary bedrms share a Hollywood bath w/ granite countertop. Ceiling fans in all bedrms. Light & bright w/dbl-paned windows. Laundry room & linen closet conveniently located on 2nd flr. Washer & Dryer stay. Easy freeway access!

Investor Tools

$220,442Estimated Mortgage Balance
$188,558Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

Interested in this property?

Susan Missiha

Better Homes and Gardens Real Estate Gary Greene - West Gray

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
$2,290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,613
$397,532
2025
$135,590
$261,942
$397,532
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,613
$397,532

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$250,700
No
First
May 12, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,442
$188,558
46%
54%
$1,504/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,794/mo
$-1,214/mo
7.6%

City: Houston

5978 Kansas St | Property Details | No Agent List