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$360,000

5031 Newpark Drive, Houston, TX, 77041

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,751 Sq Ft
price_per_sqft$0.65 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,865 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1158060030043
Lot Number43
SubdivisionWestbranch
Land UseResidential
Legal DescriptionLT 43 BLK 3 WESTBRANCH SEC 2 PAR R/P
Census Tract521800
Assessed Land Value$68,153
Assessed Improvement Value$273,967
Assessment Year2025

About this property

This property is a single family home that contains 2,751 sq. feet and was built in 1997. It's located in Westbranch Subdivision in Harris County. This beautiful home has 4 bedrooms, 2 full and 1 Half bath. All bedrooms are upstairs, the master bedroom is located on the first floor.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,406
$342,120
2025
$68,153
$273,967
$342,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,406
$342,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Open Mortgage Llc
Conventional
$150,000
No
First
Jul 27, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,188
$233,812
64%
35%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$900/mo
+$2,010/mo
9.7%

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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5031 Newpark Drive | Property Details | No Agent List