5006 Locust Street

Bellaire, TX 77401

$999,000
Price
3
Beds
1
Bath
1
1/2 Bath
1,243 Sq. Ft.
$804 / Sq. Ft.
1,243
Sq. Ft.
$804
per Sq. Ft.

Description

Don't miss out on this remarkable investment opportunity located in the heart of Bellaire! This expansive lot, measuring 10,800 sq ft per the appraisal district, comes with a home currently leased until 7/31/2025. You can purchase now and continue to collect rental income while preparing your development plans. The property is situated on a street surrounded by commercial properties, making it ideal for potential commercial use. The seller suggests the option to replat for commercial purposes, offering...Don't miss out on this remarkable investment opportunity located in the heart of Bellaire! This expansive lot, measuring 10,800 sq ft per the appraisal district, comes with a home currently leased until 7/31/2025. You can purchase now and continue to collect rental income while preparing your development plans. The property is situated on a street surrounded by commercial properties, making it ideal for potential commercial use. The seller suggests the option to replat for commercial purposes, offering flexibility for various investment strategies. For more information and to obtain a copy of the survey, please contact Julie. This is an opportunity not to be missed for investors and developers alike!
  1. Listed by Julie Atlas Taylor • TREC #0581783 • Compass RE Texas, LLC - Houston

Property Details for 5006 Locust Street

Area
17
Geo Market Area
Bellaire Area
Subdivision
Bellaire Amd
Primary Planned Community
No
For Lease
No
School District
27 - Houston
Style
Traditional
Private Pool
No

Location

Listing Courtesy of Compass RE Texas, LLC - Houston, Julie Atlas Taylor, TREC #0581783
Add your commute
LISTING UPDATED: 04/26/2024 12:16 PM

Property Details for 5006 Locust Street

StatusActive
MLS #25055432
Days on Market10
Taxes$8,457 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family
Year Built1947
Lot Size0.25 AC / 10,800 SF
CountyHarris County

Location

Listing Courtesy of Compass RE Texas, LLC - Houston, Julie Atlas Taylor, TREC #0581783
Add your commute

Building Information for 5006 Locust Street

Stories1Year Built1947Building Size-Lot Size0.25 AC / 10,800 SF

Payment Calculator

$6,157 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5006 Locust Street

Description Information
School Details
  • School Elementary: CONDIT ELEMENTARY SCHOOL
  • School Middle: PERSHING MIDDLE SCHOOL
  • School High: BELLAIRE HIGH SCHOOL
Building Details
  • Stories: 1
  • Dwelling Type: Free Standing
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Acres Description: 0 Up To 1/4 Acre
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 0
  • Parcel Number: 007-046-023-0024
Rooms Information
Room 1
  • Room Type 1: Primary Bedroom
  • Room Dimensions 1: 12X12
  • Room Location 1: 1st
Room 2
  • Room Type 2: Kitchen
  • Room Dimensions 2: 12X11
  • Room Location 2: 1st
Room 3
  • Room Type 3: Dining Room
  • Room Dimensions 3: 11X10
  • Room Location 3: 1st
Room 4
  • Room Type 4: Living Room
  • Room Dimensions 4: 18X13
  • Room Location 4: 1st
Room 5
  • Room Type 5: Bedroom
  • Room Dimensions 5: 11X10
  • Room Location 5: 1st
Room 6
  • Room Type 6: Bedroom
  • Room Dimensions 6: 12X11
  • Room Location 6: 1st
Interior Exterior Utilities and Additional Information
Interior Features
  • Range Type: Electric Range
  • Oven Type: Electric Oven
  • Floors: Wood
Exterior Features
  • Lot Description: Subdivision Lot
  • Foundation: Slab
  • Roof: Composition
  • Siding: Brick, Wood
  • Water Sewer: Public Sewer, Public Water
  • Heat System: Central Electric
  • 55+ Community: No
Financial Information
HOA and Fees
  • HOA Mandatory: No
  • Annual Maint Desc: No
  • Fee Other: No
  • Tax Year: 2023
  • Tax Rate: 1.93%

Property History for 5006 Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5006 Locust Street

Taxable ValueLand$434,775Additions$2,800Total$437,575
Tax Record2022$8,457 ($705 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,243 SqFtAbove Grade Finished SqFt1,243 SqFtStories1Lot Size10,803 SqFtStyleSingle Family ResidenceYear Built1947CountyHARRISAPN0070460230024

Schools near 5006 Locust Street

This home is within Houston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Condit Elementary School
PublicPK to 5

Pershing Middle School
Public6 to 8

Bellaire High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5006 Locust Street is a single family home for sale in Bellaire, TX 77401. This property was listed for sale on April 24, 2024 by Compass RE Texas, LLC - Houston, it's currently listed at $999,000. It has been on the market for a total of 10 days and was last sold on February 8, 2012. This listing's school district is Houston Independent School District. Nearby schools include Condit Elementary School, Pershing Middle School and Bellaire High School. 5006 Locust Street is a 3-bed, 1.5-bath, 1,243 sqft single family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass RE Texas, LLC - Houston, Julie Atlas Taylor, TREC #0581783

Copyright © 2024, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.