
$120,000
2 beds | 2 baths | 1,196 sqft
5831 Grace Lane, Houston, TX

$120,000
Roughly $857/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.
Written by Jay from this home’s 10 listing photos
This traditional, single-story home features a wood exterior and a shingle roof. Inside, the property offers standard ceiling heights, moderate natural light, and city views. Currently in fair condition, this residence requires a major renovation and provides value-add potential. The property is set in a central urban location near medical institutions and features basic landscaping along with distant city skyline views.
No known risk factors reported for this home.
Houston
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Explore the map| Nov 15, 2025Listed for sale | $120,000 |
5902 Grace Lane, Houston, TX is listed at $120,000, or about $110 per square foot.
This home has 2 bedrooms and 1 bathroom across 1,086 square feet, and was built in 1940.
Property tax is $3,000 per year.
5902 Grace Lane, Houston, TX is served by PECK ELEMENTARY SCHOOL (Elementary), CULLEN MIDDLE SCHOOL (HOUSTON) (Middle), YATES HIGH SCHOOL (High). The home is zoned to the Houston school district.
This listing has 1 recorded price event. It was first listed at $120,000 on Nov 15, 2025. The full history is shown above.
At 20% down on a 6.5% 30-year fixed rate, principal and interest on 5902 Grace Lane, Houston, TX come to about $607 a month. Adding property tax of about $250 brings the estimate to about $857 a month. Insurance is not included.
$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.
Yes — 5902 Grace Lane, Houston, TX is currently listed for sale on GotNest.
Listed by Gerald Womack · Womack Development & Investment Realtors · MLS #TREC#0199047 · Source: HAR