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$485,000

5028 Stimson Street, Houston, TX, 77023

$490,544 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths3,376 Sq Ft
QuadruplexQuadruplex
price_per_sqft$143.66 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesRange, Disposal, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1938

Land Information

APN0543120000008
Lot Number8
SubdivisionEastlawn
Land UseCommercial
Legal DescriptionLT 8 BLK 15 EASTLAWN
Census Tract310600
Assessed Land Value$150,000
Assessed Improvement Value$280,608
Assessment Year2025

About this property

Calling all investors! Don't miss this incredible opportunity to own a fantastic fourplex at 5028 Stimson St in the rapidly growing 77023 zip code, just minutes from the University of Houston, EaDo, and Downtown. This multi-family gem offers a stellar investment footprint. Each unit provides a surprisingly spacious, easy-to-rent floor plan featuring one bedroom, one bathroom, a dedicated living room, a formal dining room, and a highly desirable study or flex room. Inside, tenants will love the beautiful original wood flooring and classic bungalow architectural details, including elegant curved hallways, paired perfectly with tastefully updated kitchen cabinetry. The property boasts ample off-street parking and sits on a well-sized lot with quick access to major transit and I-45. Whether you are looking to "house hack" by living in one unit and renting the rest, or simply seeking to expand your portfolio with a strong income-producing asset, this fourplex delivers!

Investor Tools

$244,167Estimated Mortgage Balance
$186,441Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$490,544
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Alex Eureste

Tejas Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$781/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,214
$430,608
2025
$150,000
$280,608
$430,608
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,214
$430,608

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Terry Hubele
Stand Alone First / Home Equity First Lien
$293,000
No
First
Aug 16, 2018
Aug 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,167
$186,441
43%
57%
$1,757/mo

City: Houston

5028 Stimson Street | Property Details | No Agent List