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$475,000

5203 Texas Street, Houston, TX, 77011

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,051 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.59 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,315 sqft

Building Information

Year Built2023

Land Information

APN1448450010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 ENTERRA AT EDGEWOOD
Census Tract310500
Assessed Land Value$133,263
Assessed Improvement Value$319,151
Assessment Year2025

About this property

INCREDIBLE VALUE in East Downtown — previously appraised at $500K! This rare first-floor living home sits on an expansive corner lot and offers a perfect blend of modern design and functionality. The open-concept layout features hardwood floors, a cozy gas fireplace, and sleek glass sliders that create a seamless indoor-outdoor flow. The chef’s kitchen showcases Carrara marble countertops, custom cabinetry, Bosch appliances, and an induction cooktop, with a large island ideal for entertaining. Upstairs, the sunlit primary suite includes a spa-like bath with floor-to-ceiling tile, a walk-in shower, and a freestanding soaking tub. Enjoy a fenced yard, bonus storage room, and NO HOA—perfect for Airbnb or flexible ownership. Conveniently located near the Metrorail, Downtown, Med Center, and future World Cup venues, plus an array of vibrant restaurants, bars, and shops just steps away.

Investor Tools

$449,946Estimated Mortgage Balance
$20,054Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Laura Miranda

Compass RE Texas, LLC - The Heights

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$985/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,466
$452,414
2025
$133,263
$319,151
$452,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,466
$452,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$472,122
No
First
Nov 3, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,946
$20,054
4%
96%
$2,831/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,831/mo
$-1,109/mo
4.4%

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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