5531 Elm Tree Drive

Houston, TX 77048
$150,000
1218 sqft | 3 beds | 2 baths | 0.21 acres | #66055955

Description

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!

  • Interior Details
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Lot description:Cleared, 0 Up To 1/4 Acre
    • Measurements
      • Acres:0.2062
      • Square Feet:1218
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:Ranch
    • Condition
      • Year built:1961
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Cresmont Park Sec 01
    • Location
      • School district:27 - Houston
      • Elementary School:FROST ELEMENTARY SCHOOL (HOUSTON)
      • Middle School:Thomas Middle School
      • High School:STERLING HIGH SCHOOL (HOUSTON)
      • County:Harris
  • Financial Details
    • Pricing Details
      • Taxes annual:$3, 358
  • Other
    • Source
      • MLS #:66055955

Location

Nickolas LopezReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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