12
Map
$300,000
↓ $75K (20%)
●
House -
For Sale
5604 Elysian Street
Houston, TX 77009
Studio
0 Bath
1,828 Ft²
$1,898
Est. Monthly
About This Property
10,000 SQ FT LOT in Houston's rapidly growing NORTHSIDE with
endless redevelopment potential. Ideal opportunity for BUILDERS,
DEVELOPERS, and INVESTORS looking to build TOWNHOMES, SINGLE-FAMILY
HOMES, or explore other development possibilities. Existing
structure is being sold AS-IS and is considered a TEARDOWN with NO
INTERIOR ACCESS. Level lot with plenty of space to bring your
vision to life. Conveniently located with quick access to DOWNTOWN,
I-45, I-610, Hardy Toll Road, METRORAIL, and major employment
centers. Surrounded by ongoing redevelopment and new construction,
making this an excellent opportunity to secure land in one of
Houston's fastest-transforming areas. Rare opportunity with
flexibility, size, and location.
Unit Size
1,828 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$164
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1940
Listed By
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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: 5 days ago (HAR #33952597)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$300,000
↓ $75K
(20%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$375,000
↓ $45K
(10.7%) | |
| Price Decreased | |||
| Aug 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 12, 2026 | Listed by Corcoran Prestige Realty | $420,000 | |
| Listed by Corcoran Prestige Realty | |||
| Jul 28, 2026 | Listed by Corcoran Prestige Realty | $420,000 | |
| Listed by Corcoran Prestige Realty | |||
   | |||
|
10,000 SQ FT LOT in Houston's rapidly growing NORTHSIDE with endless redevelopment potential. Ideal opportunity for BUILDERS, DEVELOPERS, and INVESTORS looking to build TOWNHOMES, SINGLE-FAMILY HOMES, or explore other development possibilities. Existing structure is being sold AS-IS and is considered a TEARDOWN with NO INTERIOR ACCESS. Level lot with plenty of space to bring your vision to life. Conveniently located with quick access to DOWNTOWN, I-45, I-610, Hardy Toll Road, METRORAIL, and major employment centers. Surrounded by ongoing redevelopment and new construction, making this an excellent opportunity to secure land in one of Houston's fastest-transforming areas. Rare opportunity with flexibility, size, and location.
| |||
Property Highlights
Parking Details
Has Open Parking
Parking Features: Driveway, Driveway
Interior Details
Interior Features: All Bedrooms Down
Exterior Details
Square Footage: 1828
Architectural Style: Traditional
Year Built: 1940
Building Area Total: 1828
Construction Materials: Cement Siding
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.2296
Lot Size Units: Acres
Lot Size Acres: 0.2296
Lot Size Square Feet: 10001.376
Water Source: Public
Financial Details
Tax Annual Amount: $5,099
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 Central Houston
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Listed by: Isaigha McNeil, Corcoran Prestige Realty
Last Updated: 5 days ago
Data Source: HAR , MLS# 33952597
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Last Updated: 5 days ago
Data Source: HAR , MLS# 33952597
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