$2,731 Closing Credit¹
#85467174, Kimberly Walt, Listing office: RE/MAX RESULTS
$199,900 List price
5542 Margarita St Houston, TX 77020
$2,374
Closing credit¹
3 beds
1 full
1,664 sqft
0.10 acres
$120 / sqft
House
Property details
About 5542 Margarita St
Charming bungalow in close proximity to Downtown Houston, with easy access to major highways. Near East River Project and Buffalo Bayou East Project. Ideal for first-time buyers or seasoned investors, currently tenant occupied. Recent updates to flooring and cabinetry. This renovated 3 bed, 1 bath home features appliances, ceiling fans, and blinds in all rooms. Minutes from Downtown, University of Houston, dining, and shopping. Move-in ready with that highly sought after, and rare for the area, garage. Verify square footage with HCAD. Don't miss out on this gem!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size1,664 sqft
Lot size0.0957 Acres
Year built1941
ParkingAttached, Garage
MLS #48621026
Attached garage2 spaces
Summary
- Full Bathrooms: 1
- Appliances: Gas Oven, Gas Range
- Flooring Type: Laminate
- Interior: Ceiling Fan(s), Programmable Thermostat
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- Exterior: Deck, Patio, Private Yard
- Architectural Style: Traditional
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric
- List Price: $199,900
- Price/SqFt: $120
- Annual Tax Amount: $6,313
- Tax Year: 2024
- Lot: Corner Lot, Subdivision
- Directions: Head Ea on I10 towards Beaumont, Take Lockwood exit. Make a right on Lockwood once you exit, on the fifth block you will find Margarita St. Make a left turn and the house will be on the right.
- Year Built: 1941
- Stories: 2
- Living Area: 1,664 SqFt
- Lot Size: 0.0957 Acres
- MLS Number: 48621026
- MLS Name: HAR
- Office Name: Compass RE Texas, LLC - The Heights
- Office Phone: (832) 899-4788
- Office Email: txbroker@compass.com
- Listing Agent: Jonathan Williamson
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 6/26/2025, 12:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$199,900
5542 Margarita St
$2,374
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $270,457 | $6,313 |
| 2023 | $313,356 | $4,078 |
| 2022 | $254,694 | $5,608 |
| 2021 | $213,878 | $4,078 |
| 2020 | $170,000 | $2,421 |
| 2018 | $87,544 | $2,215 |
History based on county public records data.
Nearby schools
5
Pugh Elementary School
Public Magnet EE-5
0.4 mi
•1147 Kress St
3
Nat Q. Henderson Elementary School
Public District EE-5
0.5 mi
•701 Solo St
5
Atherton Elementary School
Public Magnet EE-5
0.8 mi
•2011 Solo St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,775. The most common annual income of people living in Houston, TX is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
44%
<35k
45%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
22%
Single, with Kids
14%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Basketball
Where do the neighbors shop?
Burlington
Big Lots
Ross Dress For Less
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Jasons Deli
What do the neighbors drive?
Chevrolet
Kia
Acura
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5542 Margarita St
The listing price of 5542 Margarita St property is $199,900.
The property 5542 Margarita St is a house located in Houston, Texas, 77020.
Active Listing: 5542 Margarita St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5542 Margarita St are: Pugh Elementary School (GreatSchools Rating 5/10), Nat Q. Henderson Elementary School (GreatSchools Rating 3/10), Atherton Elementary School (GreatSchools Rating 5/10), McReynolds Middle School (GreatSchools Rating 2/10), Ripley House Middle Campus (GreatSchools Rating 3/10), Fleming Middle School (GreatSchools Rating 2/10), Wheatley High School (GreatSchools Rating 2/10), Yes Preparatory - 5th Ward (GreatSchools Rating 7/10), Mickey Leland College Preparatory Academy for Young Men (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $6,313 (source: MLS/based on county public records data).
The property at 5542 Margarita St has 3 bedrooms and 1 bathroom.
The property 5542 Margarita St is 1,664 SqFt (source: MLS/tax record).
The year of construction for 5542 Margarita St is 1941.
This home is located at 5542 Margarita St in Houston, TX and zip code 77020 in the Greater Fifth Ward neighborhood. This 1,664 square foot home, which was built in 1941, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $199,900.
While more than 424 listings in Houston, TX in May 2025 were sold above asking price, there were more than 508 listings sold at asking price, and more than 1426 were sold below. Between April and May 2025, Houston, TX real estate market has seen increase in the number of listings by 22.3%. The median list price of listings available in May 2025 was $321,086, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.