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8
Photos
5531 Elm Tree Drive, Houston, TX 77048
$150,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,218
sqft
Built in
1961
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!
Features & Amenities
Interior
- A/C:
- true, Electric
- Heating:
- true, Electric, Natural Gas
Exterior
- Style:
- Ranch
Construction
- Roofing:
- Composition
- General:
- Brick, 1, Slab
Location
- Originating MLS:
- Houston Association of Realtors
- School District:
- 27 - Houston
- County:
- Harris
Lot
- Zoning:
- LT 12 BLK 11 CRESTMONT PARK SEC 1, 0913840000012
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Houston Association of Realtors
This listing courtesy of:
The All Homes Realty Group, Antonio Barrera
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Houston, TX
Housing
- Number of Units
- 1,285,926
- Median Home Value
- $256,493
- Median Rent
- $1,020
52.67% of housing units are renter occupied.
8.97% are vacant.
Commute
- Car
-
74.05%
- Public Transportation
-
2.63%
- Walk to Work
-
1.38%
- Work from Home
-
20.26%
- Other
-
1.35%
The median travel time to work is 25 minutes.
People
- Population
- 3,195,460
- Median Age
- 35.60
- Median Household Size
- 2.89
Education
- High School
-
23.45%
- Associate’s Degree
-
6.44%
- Bachelor’s Degree
-
20.00%
- Graduate Degree
-
12.33%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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