5531 Elm Tree Drive
Houston, TX 77048
- 3 beds
- 2 baths
- 1,218 sqft
- 8,980 sqft lot
- $135 per sqft
- 1961 build
- – on site
This three-bedroom, two-bathroom property is an excellent opportunity for investors or future owner-occupiers. Currently rented at $1,300 per month, it provides a steady income stream with a tenant in place. The home boasts “good bones,” making it a solid foundation for those who may want to add their personal touch or add to their rental portfolio. Nestled in a well-located neighborhood with convenient access to amenities, schools, and transportation, this property offers both long-term investment potential and a comfortable living space. Don’t miss out on this versatile property that combines current cash flow with future potential!
Last checked:
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Last updated Nov 5, 2024
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MLS# 66055955 —
The Building
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Year Built:1961
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Year Built Source:Appraisal District
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New Construction:No
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Style:Ranch
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Dwelling Type:Free Standing
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Roof:Composition
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Stories:1
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Siding:Brick
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Foundation:Slab
Interior
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Room Count:3
Financial & Terms
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Price SqFt List:$135.47
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Price Acre List:800193.99
Location
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Directions:610E; EXIT MARTIN LUTHER KING BLVD; RIGHT ON MLK BLVD; RIGHT ON GREYLONG DR; LEFT ON MLK BLVD; RIGHT ON ELM TREE DR
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Latitude:29.639592
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Longitude:-95.336793
The Property
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Parcel Number:091-384-000-0012
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Section Number:01
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Property Type:Single-Family
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Acres:0.2062
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Acres Description:0 up to 1/4 Acres
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Lot Description:Cleared
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Lot Size:8,980 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:18.37
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Total SqFt:1,218 Sqft
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SqFt Source:Appraisal District
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Area:3
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Private Pool:No
Listing Agent
- Contact info:
- Agent phone:
- (713) 885-1431
- Office phone:
- (713) 885-1431
Taxes
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Tax Year:2023
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Tax Rate:$2.01
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Tax Amount:$3,358
Beds
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Total Bedrooms:3
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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Status:Active
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Disclosures:Tenant Occupied
Heating & Cooling
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Heat System:Central Electric, Central Gas
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Cool System:Central Electric
Utilities
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Water/Sewer:Public Sewer, Public Water
Schools
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Elementary:FROST ELEMENTARY SCHOOL (HOUSTON)
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Middle School:THOMAS MIDDLE SCHOOL
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High School:STERLING HIGH SCHOOL (HOUSTON)
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School District:27 - Houston
The Community
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Subdivision:Cresmont Park Sec 01
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Active Community 55:No
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Restrictions:Unknown
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HOA Mandatory:No
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Annual Maintenance:No
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Other Fees:No
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Master Planned Community:No
Monthly cost estimate
Asking price
$165,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$883
|
| Taxes | $279 |
| Insurance | $45 |
| Utilities | $137 See report |
| Total | $1,344/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
