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5 Estelle St #1, Houston, TX, 77003

2beds
2baths
3,140sqft
$714,990
$228price/sqft
$5,611/moest. monthly cost
$224,440/yrincome needed

About This Home

Exceptional income-generating property in the heart of EaDo, minutes from downtown Houston! This newly renovated, fully furnished 5-unit building is a rare, hassle-free investment opportunity in a prime location near trendy restaurants, shops, and newly developed buildings. Each modern unit is move-in ready with stylish finishes and new appliances, attracting high-quality tenants. Currently generating strong rental income, this property offers excellent appreciation potential in one of Houston’s fastest-growing neighborhoods. Don’t miss this turnkey investment in the thriving heart of East Downtown!

Getting Around

76
WalkingVery Walkable
60
TransitGood Transit
75
BikeVery Bikeable

Schools

3/10
Lantrip Elementary SchoolGrades PK-50.7 mi
5/10
Navarro MiddleGrades 6-81.1 mi
3/10
Austin High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Composition
  • Construction materials: Batts Insulation

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,ENERGY STAR Qualified Appliances,Disposal,Microwave,Dishwasher,Refrigerator
  • Laundry features: Washer/Dryer Connections

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 3,140
  • Total interior livable area: 3,140 sqft

Property

Details

  • Parcel number: 0071260080006

Features

  • Stories: 2
  • Exterior features: Private Entrance

Lot

  • Lot size: 5,000 sqft
  • Features: Subdivided

Parking

  • Parking features: Garage,One Parking Unit
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Hurricane
Inland Flooding
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,615$43,380
Home Insurance *$408$4,896
Property Taxes $1,244$14,928
Electricity $344$4,137
Total$5,611$67,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,377/yr
40% on housing$168,330/yr
45% on housing$149,626/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$228This listing

vs Other Active Listings

Avg $/sqft

ZIP 77003$188
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77003$197
Harris County$154

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-28Price change$714,990
2026-02-13Price change$718,995
2026-01-20Price change$719,995
2026-01-06Price change$749,000
2025-07-10Price change$799,995
2025-07-06Listing removed$2,200
2025-05-08Price change$849,995
2024-12-05Listed for rent$2,200
2024-11-14Listed for sale$899,995

For Sale by Agent

AgentSpencer Igwe
BrokerageLPT Realty, LLC

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