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$320,000

For Sale - Active
5319 Decatur Ct, Dickinson, TX 77539
3 Beds
0 Baths
2,363 Square Feet
0.00 Acres Lot
Built in 2019
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jun 05, 2025 at 03:39AM

Investment Summary


Monthly Cash Flow
-$482
Cap Rate
4.5%
Cash-on-Cash Return
-7.9%
Debt Coverage Ratio
0.71
Internal Rate of Return (5 years)
-3.6%

Property Description


0.00 Acres Lot
Built in 2019
For Sale - Active
Units n/a

Welcome to this beautiful 3-bedroom, 2.5-bathroom home in the desirable community of Bayou Maison. Offering an inviting open floor plan with high ceilings, this home blends style and functionality for modern living. The kitchen features Aristo kraft custom-designed cabinetry, under-counter lighting, and sleek stainless steel appliances. Decorative stair balusters add a touch of elegance, complementing the spacious living areas perfect for entertaining. The luxurious primary suite is a true retreat, with a spacious primary bathroom that includes his and hers sinks and walk-in closets, providing plenty of space and storage. Step outside to a covered patio and an above-ground pool, ideal for relaxing or hosting gatherings, this backyard is ready for enjoyment. Additional features include a tankless water heater for on-demand hot water and pre-wiring for added convenience. Call today to schedule a tour! The seller will also be adding a new roof before closing.

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Location


Property Details


Parking

  • Description: Attached, Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Material: Composition
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: Bayou Maison Community Associati
  • HOA Fee: $385/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 151700020008000
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2019

Tax Information

  • Annual Tax: $7,702

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Galveston

Listing Details


Listed by:
Rebecca Zavala
RE/MAX American Dream
(832) 853-0719

Source:
Houston Association of REALTORS
MLS#: 17024794
Houston Association of REALTORS

Investment Summary


Monthly Cash Flow
-$482
Cap Rate
4.5%
Cash-on-Cash Return
-7.9%
Debt Coverage Ratio
0.71
Internal Rate of Return (5 years)
-3.6%

Purchase Details

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Purchase price:
$320,000
Amount financed:
-$256,000
Down payment:
$64,000
Closing costs:
$9,600
Rehab costs:
$0
Initial cash invested:
$73,600
Square feet:
2,363
Cost per square foot:
$135
Monthly rent per square foot:
$1.14

Financing Details

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Loan amount:
$256,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.810%
Principal & interest:
$1,671
Property tax:
$642
Insurance:
$189
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,502

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,700 $32,400
Vacancy loss: (6%)
6% -$162 -$1,944
Operating income:
$2,538 $30,456

Operating Expenses


% Rent Monthly Yearly
Property taxes: (24%)
24%-$642-$7,702
Insurance: (7%)
7%-$189-$2,268
Property management: (8%)
8%-$216-$2,592
Repairs & maintenance: (5%)
5%-$135-$1,620
Capital expenditures: (5%)
5%-$135-$1,620
HOA fees: (1%)
1%-$32-$384
Total operating expenses: (50%)
50%-$1,349-$16,186

Cash Flow


Monthly Yearly
Net operating income:
$1,189 $14,268
Mortgage payments:
-$1,671 -$20,052
Cash flow:
$482 $5,784