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Owner Contacts

$347,000

NAL Estimated Property Value

5703 Balbo St # F, Houston, TX, 77091

$382,734 ARV

Sold

7/01/26

3 Beds

4 Bath

2,062 Sq Ft

Single Family Residence

$1.21 / sqft

Built in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Lot Size1,607 sqft

Building Information

Year Built2024

Garage Spaces2

Land Information

APN1424230010006

Lot Number6

Land UseResidential Single Family

Legal DescriptionLT 6 BLK 1 HIGHLAND PLACE

Census Tract531900

Assessed Land Value$44,900

Assessed Improvement Value$283,320

Assessment Year2025

About this property

Contemporary 3-bedroom, 3.5-bath home with private driveway and balcony, ideally located near Garden Oaks, The Heights, and Downtown Houston. Open-concept layout features a sleek kitchen with quartz countertops, stainless steel appliances, soft-close cabinetry, and an island breakfast bar overlooking a bright living area. The spacious primary suite offers a soaking tub and separate shower, while each secondary bedroom includes its own private bath. Additional highlights include Smart Home technology, LED lighting, and durable wood-look vinyl plank flooring throughout. Refrigerator, washer, and dryer included. Enjoy low taxes, no HOA, and peace of mind outside the flood zone. Air BnB or Vrbo Allowed!

Investor Tools

$347,000

Estimated Property Value

$223,399Estimated Mortgage Balance

$123,601Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$382,734

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,082 /month

Positive

Cash Flow Estimate:

$694 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$223/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$939

$328,220

2025

$44,900

$283,320

$328,220

Tax History

Year

Tax Paid

Assessed Value

2024

$939

$328,220

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Box Home Loans

Conventional

$224,700

First

Mar 30, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$223,399

$123,601

35%

64%

$1,348/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,348/mo

+$374/mo

6.0%

Learn About the Market: Opportunity in Houston

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