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$715,000

Listing Price

7beds

5baths

2,310sqft

5,250sqft lot

5215 Palmer St, Houston, TX 77004

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1935

Year built

Home Details

Great turnkey investment opportunity! Completely remodeled, fully furnished Duplex plus a Casita! Currently being used as an Airbnb and grossed $94k over the past 12 months. The front building features two units, each with 3 bedrooms, 2 full bathrooms, a full kitchen, and living area; the Casita in the back is a studio apartment with a full bathroom. All three units were fully remodeled and updated in 2023. The shared courtyard with string lights is perfect for guests/tenants to enjoy. Just minutes from the Texas Medical Center, Museum District, and Universities. Airbnb bookings in the area continue to increase from a year ago. All appliances included with the sale! Cap rate 8.9% at asking.

Interior Details

Square Feet
  • 2310

Bedrooms
  • 7

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5250

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Duplex Single

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,815

$0

$0

--%

$271,047

2019

$6,250

$0

$0

--%

$246,407

2018

$5,925

$0

$0

--%

$224,007

2017

$5,378

$0

$0

--%

$203,643

2016

$4,894

$0

$0

--%

$185,130

2015

$4,460

$55,125

$97,875

--%

$153,000

2013

$4,146

$36,750

$118,317

--%

$155,067

2012

$4,100

$0

$0

--%

$155,067

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Average Home Price in 77004

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
715,000
$
Down payment
143,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,290
$
HOA (Monthly)
0
$
PMI
0
$
$4,628
Your Payment
Total Monthly Payment:$4,628
Percent of Income:79%
Affordable:No

Details for 5215 PALMER ST

Property Debt

Foreclosure Contact Details