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$750,000

5300 Mercer St Unit 7, Houston, TX, 77005

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths3,250 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$230.77 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Double Oven, Electric Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher
FlooringBamboo, Engineered Wood, Laminate, Stone, Tile

Exterior

Lot Size4,122 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1147890040003
SubdivisionAuburn Place T/H
Land UseResidential
Legal DescriptionTH 4C BLDG 4 AUBURN PLACE T/H
Census Tract412400
Assessed Land Value$175,000
Assessed Improvement Value$472,879
Assessment Year2025

About this property

LOCATION, LOCATION! Incredible Townhome in the highly desirable Auburn Place community of West University. This distinctive townhome offers unique architectural character and an inviting layout. The home is ready for personalization, allowing you to bring your own style, finishes, and design ideas to create a truly one-of-a-kind residence. With its interesting architectural details, spacious living areas, and excellent location, this property offers the opportunity to transform a well-located townhome into something special. Huge bedrooms and extra living spaces with no back neighbors, and beautiful mature trees creating a peaceful backdrop. Enjoy the convenience of being minutes from Medical Center, Rice University, Rice Village, West University’s parks and amenities, premier shopping, dining, and major Houston destinations. For buyers looking for a home with character and the opportunity to create something uniquely their own, 5300 Mercer Street #7 is a rare find in West University.

Investor Tools

$0Estimated Mortgage Balance
$647,879Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Lisa Rimmer

Keller Williams Horizons

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,358
$647,879
2025
$175,000
$472,879
$647,879
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,358
$647,879

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$647,879
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$300/mo
+$1,660/mo
3.6%

City: Houston

5300 Mercer St Unit 7 | Property Details | No Agent List