$89,900
5206 Rapido Rd, Houston, TX, 77033
$116,870 ARV
On Market
Just Added
Property Lead Type:
BankruptcyMust-SellDeal ListAbsentee OwnerVacant Homes
Highlights
Interior
Exterior
Lot Size5,976 sqft
Building Information
Year Built1955
Stories1
Land Information
APN0751900140009
Lot Number9
SubdivisionSouth Park
Land UseResidential
Legal DescriptionLT 9 BLK 14 SOUTH PARK SEC 2
Census Tract332100
Assessed Land Value$75,231
Assessed Improvement Value$48,596
Assessment Year2025
About this property
Investor opportunity, property is being sold as-is. Property has known permitting issues with the City, and buyer will assume responsibility for addressing any outstanding permitting requirements after closing.
Investor Tools
$164,588Estimated Mortgage Balance
$153,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$116,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,493
$123,827
2025
$75,231
$48,596
$123,827
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,493
$123,827
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tejas Flipco Financial Llc
Purchase Money Mortgage
$171,000
No
First
Aug 2, 2024
Jan 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,588
N/A
0%
108%
$1,026/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,026/mo
+$696/mo
13.5%
