$120,000

2 beds1.5 baths1,196 sqft

Roughly $940/mo at 20% down, 6.5% over 30 years, including tax. That is 62% below the $320,000 median across 10,330 homes for sale in Houston.

5831 Grace Lane, Houston, TX

Jay, the GotNest home assistant

What Jay sees in the photos of 5831 Grace Lane

Written by Jay from this home’s 8 listing photos

This single-story traditional wood home features a shingle roof and a basic landscaped private fenced lot with mature trees. Inside, the residence offers standard ceiling heights, moderate natural light, and neighborhood views. The property is in fair condition, needs updates, and represents a prime investment opportunity for a flip or renovation.

Style
Traditional
Ceilings
Standard
Room for a pool
No
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Facts and features

Built in
1940
HOA
$—
Property tax
$4,000/yr
Price per sqft
$100/sqft

Risk factor

No known risk factors reported for this home.

Features

  • Driveway
  • Electric gate
  • Cleared
  • Subdivision

Local information

Houston

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Schools

  • HARTSFIELD ELEMENTARY SCHOOLElementary · Houston
  • CULLEN MIDDLE SCHOOL (HOUSTON)Middle · Houston
  • YATES HIGH SCHOOLHigh · Houston

Price history

Nov 15, 2025Listed for sale$120,000

Common questions about this home

How much does 5831 Grace Lane cost?

5831 Grace Lane, Houston, TX is listed at $120,000, or about $100 per square foot.

How big is 5831 Grace Lane?

This home has 2 bedrooms and 1.5 bathrooms across 1,196 square feet, and was built in 1940.

What are the taxes and HOA fees for 5831 Grace Lane?

Property tax is $4,000 per year.

What schools serve 5831 Grace Lane?

5831 Grace Lane, Houston, TX is served by HARTSFIELD ELEMENTARY SCHOOL (Elementary), CULLEN MIDDLE SCHOOL (HOUSTON) (Middle), YATES HIGH SCHOOL (High). The home is zoned to the Houston school district.

Has the price of 5831 Grace Lane changed?

This listing has 1 recorded price event. It was first listed at $120,000 on Nov 15, 2025. The full history is shown above.

How much a month is 5831 Grace Lane?

At 20% down on a 6.5% 30-year fixed rate, principal and interest on 5831 Grace Lane, Houston, TX come to about $607 a month. Adding property tax of about $333 brings the estimate to about $940 a month. Insurance is not included.

Is 5831 Grace Lane priced above or below the Houston median?

$120,000 is about 62% below the $320,000 median list price across the 10,330 homes for sale in Houston, TX. The comparable homes below run $120,000 to $199,999.

Is 5831 Grace Lane still available?

Yes — 5831 Grace Lane, Houston, TX is currently listed for sale on GotNest.

Listed by Gerald Womack · Womack Development & Investment Realtors · MLS #TREC#0199047 · Source: HAR

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