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$389,000

5206 Nett St Unit B, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,208 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$176.18 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,808 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1259760010002
Lot Number2
SubdivisionNett Sys
Land UseResidential
Legal DescriptionLT 2 BLK 1 NETT SYS
Census Tract510602
Assessed Land Value$196,710
Assessed Improvement Value$254,103
Assessment Year2025

About this property

Opportunity in the heart of Rice Military/Washington Corridor. This spacious 2,208 sqft 3-story townhome offers 3 bedrooms and 2.5 baths. The kitchen stands out with rich dark wood cabinets, granite counters, stainless appliances including a double oven, cooktop on a large island, and hardwood floors flowing through the main living areas. Fireplace in the living room. The primary suite has a garden tub, separate glass shower, and walk-in closet with built-ins. Two-car garage plus additional parking. Minutes to Memorial Park, Washington Ave dining and nightlife, with quick access to Downtown, the Heights, and the Galleria. Offered as-is ? bring your cosmetic vision.

Investor Tools

$179,683Estimated Mortgage Balance
$271,130Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,705 /month
Positive
Cash Flow Estimate:
$902 /month

Interested in this property?

Edward McClintick

Joseph Walter Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$785/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,165
$450,813
2025
$196,710
$254,103
$450,813
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,165
$450,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$217,000
No
First
Jan 21, 2009
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,683
$271,130
60%
40%
$1,786/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,786/mo
+$794/mo
6.9%

City: Houston

5206 Nett St Unit B | Property Details | No Agent List