This 3-bedroom, 1-bathroom property is a fantastic addition to any investor’s portfolio! Conveniently located in a desirable area, this home is currently tenant-occupied, providing immediate rental income from day one. The property boasts a functional floor plan with spacious bedrooms, a cozy living area, and a well-maintained kitchen. The exterior features a low-maintenance yard making it appealing to tenants. With reliable tenants in place, this home offers a hassle-free investment opportunity. Close to schools, shopping, and public transportation, this property ensures steady demand in the rental market. Whether you’re a seasoned investor or just starting out, this income-producing property is a must-see! Contact me today for more details and to schedule a private showing.
This property is $134.9K less than the Median Sold Price and $14/SqFt less than other homes in Houston, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #66952838
Listing Office:
Office Name: Cynthia Tibbs Properties
Office Phone: (832) 715-1665
Listing Agent: John Branch
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 12/23/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,459
$121,729
2020
$2,353
$102,475
2018
$1,843
$72,872
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$991
Per Month
Principal & Interest
$924
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$621
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Atherton Elementary School
2011 Solo St
Distance between this listing and this school0.30 miles
Public Magnet Grades EE-5
6
/10
Nat Q. Henderson Elementary School
701 Solo St
Distance between this listing and this school0.64 miles
Public District Grades EE-5
7
/10
Eliot Elementary School
6411 Laredo St
Distance between this listing and this school0.72 miles
Public District Grades EE-5
Nearby Schools
2
/10
McReynolds Middle School
5910 Market St
Distance between this listing and this school0.54 miles
Public District Grades 6-8
5
/10
Fleming Middle School
4910 Collingsworth St
Distance between this listing and this school1.07 miles
Public Magnet Grades 6-8
4
/10
Ripley House Middle Campus
4410 Navigation Blvd
Distance between this listing and this school1.94 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Wheatley High School
4801 Providence St
Distance between this listing and this school0.44 miles
Public District Grades 9-12
6
/10
Yes Preparatory - 5th Ward
1305 Benson St
Distance between this listing and this school0.79 miles
Public Charter Grades 6-12
4
/10
Mickey Leland College Preparatory Academy for Young Men
1700 Gregg St
Distance between this listing and this school1.07 miles
The neighbors living near this home have an average income of $23,500. Most Houston, TX residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5214 Hershe St
What is the listing price of this property?
The listing price of 5214 Hershe St property is $185,000.
What type of property is this?
The property 5214 Hershe St is a house located in Houston, Texas, 77020.
Is this property for sale now?
Active Listing: 5214 Hershe St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,459 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5214 Hershe St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 5214 Hershe St is 1,207 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5214 Hershe St is 1938.
This home is located at 5214 Hershe St in Houston, TX and zip code 77020 in the Greater Fifth Ward neighborhood. This 1,207 square foot home, which was built in 1938, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $185,000.
In November 2024, from all listings sold in Houston, TX there were more than 263 sold above asking price, over 1060 sold below and more than 354 were sold right at the asked price. Between October 2024 and November 2024, Houston, TX real estate market has seen increase in the number of listings by 8.5%. While the average time on the market in November 2024 was 40 days, the median list price was $319,921.
From Rocket Homes Real Estate and based on county public records data.