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A+
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$241,413

203 Princess Dr, Houston, TX, 77034

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.21 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,409 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0890020000025
Lot Number25
SubdivisionArlington Heights
Land UseResidential
Legal DescriptionLT 25 BLK 2 ARLINGTON HEIGHTS SEC 1
Census Tract321302
Assessed Land Value$43,445
Assessed Improvement Value$197,968
Assessment Year2025

About this property

Welcome to your next exciting project in the heart of Arlington Heights! Being sold AS-IS. Highlights include: corner lot, pool, No HOA, 3 beds, 2 baths, 2-car garage, original hardwood floors in formal living, hallway, bedrooms, and bathrooms, original garage converted into a bonus room, and large screened-in porch overlooking the pool. With serious potential for character and charm, this is your chance to transform a unique home in an established neighborhood with a true suburban feel, all while staying close to city conveniences. Conveniently located near Hobby Airport, neighborhood parks, and local dining, this home combines location, opportunity, and lifestyle in one inviting package.

Investor Tools

Property Icon
$241,413
Estimated Property Value
$200,000Estimated Mortgage Balance
$41,701Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,448 /month
Positive
Cash Flow Estimate:
$483 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,640
$241,413
2025
$43,445
$197,968
$241,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,640
$241,413

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,413
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.6%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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203 Princess Dr | Property Details | No Agent List