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$199,000

5207 Balkin Street, Houston, TX, 77021

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.39 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size8,011 sqft

Building Information

Year Built1949
Stories1
Garage Spaces1

Land Information

APN0771020160022
Lot Number22
SubdivisionMacgregor Palms
Land UseResidential
Legal DescriptionLT 22 BLK 14 MACGREGOR PALMS SEC 3
Census Tract313400
Assessed Land Value$84,078
Assessed Improvement Value$35,922
Assessment Year2025

About this property

Handyman special, Flip & fix. very nice location, Tenant just moved out. vacant. currently need rehab to sell at great price. very great location near medical center.

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$117,749Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

Interested in this property?

Shoaib Hussain

Canopy Realty Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,418
$120,000
2025
$84,078
$35,922
$120,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,418
$120,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nam Bui
Commercial
$100,000
No
First
May 21, 2024
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,251
$117,749
55%
45%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$600/mo
+$1,122/mo
9.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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5207 Balkin Street | Property Details | No Agent List