7
Map
$155,000
●
House -
In Contract
5136 Leeland Street
Houston, TX 77023
3 Beds
1 Bath
1,268 Ft²
$1,109
Est. Monthly
About This Property
Build now or hold for future appreciation in one of Houston's
fastest-gentrifying neighborhoods! This 4,000 sq. ft. lot offers
endless potential just minutes from Downtown, UH, the Medical
Center, Midtown, and EADO's vibrant dining and entertainment scene.
Eastwood's historic charm and central location have made it a top
destination for new development, with home values consistently
rising year after year. Whether you envision a custom single-family
home or a long-term land hold, this property positions you for
strong returns. Easy access to major freeways, sports venues, and
cultural hotspots adds unbeatable convenience. House will not be
shown-this listing is for lot value only.
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$122
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1939
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 days ago (HAR #19015830)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$155,000
↓ $24K
(13.4%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | $179,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | |||
| Feb 24, 2026 | No longer available | - | |
| No longer available | |||
| Sep 1, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | $275,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | |||
| | |||
|
Build now or hold for future appreciation in one of Houston’s fastest-gentrifying neighborhoods! This 6,350 sq. ft. lot offers endless potential just minutes from Downtown, UH, the Medical Center, Midtown, and EADO’s vibrant dining and entertainment scene. Eastwood’s historic charm and central location have made it a top destination for new development, with home values consistently rising year after year. Whether you envision a custom single-family home or a long-term land hold, this property positions you for strong returns. Easy access to major freeways, sports venues, and cultural hotspots adds unbeatable convenience. House will not be shown—this listing is for lot value only.
| |||
Property Highlights
Garage
Parking Details
Has Garage
Parking Features: Detached
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 1268
Architectural Style: Traditional
Year Built: 1939
Building Area Total: 1268
Construction Materials: Cement Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.0918
Lot Size Units: Acres
Lot Size Acres: 0.0918
Lot Size Square Feet: 4000
Water Source: Public
Financial Details
Tax Annual Amount: $4,169
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Central Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Randall Custer, Better Homes and Gardens Real Estate Gary Greene - West Gray
Last Updated: 7 days ago
Data Source: HAR , MLS# 19015830
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 7 days ago
Data Source: HAR , MLS# 19015830
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017