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$377,000

NAL Estimated Property Value

5107 New Orleans Street, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.98 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size5,550 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0541950000008
Lot Number8
SubdivisionPinecrest
Land UseResidential
Legal DescriptionLT 8 BLK 9 PINECREST
Census Tract211302
Assessed Land Value$105,500
Assessed Improvement Value$221,862
Assessment Year2025

About this property

Welcome to your brand-new 2025 two-story home! Featuring 3 spacious bedrooms, 2.5 bathrooms, and a versatile game room—perfect for entertaining or relaxing. As soon as you step inside, you’re greeted by an open-concept layout that seamlessly connects the kitchen, dining, and living areas, creating an inviting space to gather and make memories. This beautiful home is located in the up-and-coming heart of Houston, just minutes from major highways, giving you easy access to everything the city has to offer.No need to look any further—your dream home is waiting for you!

Investor Tools

Property Icon
$377,000
Estimated Property Value
$256,198Estimated Mortgage Balance
$120,802Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$552
$327,362
2025
$105,500
$221,862
$327,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$552
$327,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$260,000
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,198
$120,802
32%
68%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,559/mo
+$163/mo
5.5%

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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5107 New Orleans Street | Property Details | No Agent List