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$545,000

5719 Maxie St, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,616 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Propane Cooktop, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliances, Washer
FlooringCarpet, Slate, Wood

Exterior

Exterior FeaturesBalcony, Barbecue, Covered Courtyard, Gas Grill, Outdoor Grill, Private Yard, Rain Gutters
Lot Size1,982 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1211720010002
Lot Number2
SubdivisionMaxie Manor
Land UseResidential
Legal DescriptionLT 2 BLK 1 MAXIE MANOR
Census Tract510602
Assessed Land Value$203,849
Assessed Improvement Value$267,435
Assessment Year2025

About this property

Rare find off Washington Ave: a two-car garage PLUS two additional parking spaces in front, a true luxury in this neighborhood. This three-story, 3-bed, 3.5-bath home (approx. 2,616 sq ft per HCAD) puts the main living on the second floor, with a front patio, open living and dining, a kitchen with breakfast area, and a half bath. A door off the kitchen opens to a spacious back deck (2020) with room to dine for six, screened by lush bamboo for privacy. Upstairs, the primary suite and a second bedroom each have an ensuite bath, with laundry on the same floor. The ground-floor bedroom has a full bath and closet, and its French doors (2020) open to a slate patio shaded by the deck above, set in a fenced, landscaped backyard. This makes it ideal for guests, an office, or a gym. Floors are engineered wood, slate, and carpet, with a new roof (2024) and a new water heater (July 2026). No HOA. The home currently operates as a successful short-term rental, and some furnishings can convey, making it a turnkey opportunity for investors. Minutes to the Memorial Park trails, Washington Ave dining and nightlife, Downtown, and I-10.

Investor Tools

$229,411Estimated Mortgage Balance
$400,589Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

Interested in this property?

Vernon Reinhardt

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,077/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,770
$471,284
2025
$203,849
$267,435
$471,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,770
$471,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$262,000
No
First
Jun 22, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,411
$400,589
63%
36%
$1,571/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,571/mo
+$1,009/mo
4.9%

City: Houston

5719 Maxie St | Property Details | No Agent List