Last 24 Hours
$249,000
5118 Cicada Ln, Houston, TX, 77039
On Market
4 Beds
3 Bath
2,352 Sq Ft
Single Family Residence
$105.87 / sqft
Built in 1969Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesRefrigerator Included
FlooringTile
Exterior
Lot Size7,501 sqft
Building Information
Year Built1969
Stories1
Garage Spaces2
Land Information
APN1013260000255
Lot Number255
SubdivisionFairgreen
Land UseResidential
Legal DescriptionLT 255 BLK 10 FAIRGREEN SEC 3
Census Tract223001
Assessed Land Value$34,789
Assessed Improvement Value$252,650
Assessment Year2025
About this property
Looking for space and potential? This is it. This 4-bedroom, 3-bath home features one of the neighborhood's largest floor plans, offering a wide living room, a sizable dining area, and plenty of room to make it your own. Outside you will find a huge, covered carport and a peaceful backyard with a spacious storage shed. Home needs some TLC and is being sold as-is. Come see the opportunity waiting for you.
Investor Tools
$201,371Estimated Mortgage Balance
$86,068Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,725 /month
Positive
Cash Flow Estimate:
$575 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,523
$287,439
2025
$34,789
$252,650
$287,439
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,523
$287,439
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Juan Olvera
Purchase Money Mortgage
$211,650
No
First
Jan 18, 2024
Jan 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,371
$86,068
29%
70%
$1,269/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,269/mo
+$957/mo
9.3%
12.4%