2view

Owner Contacts

$369,000

NAL Estimated Property Value

5703 Balbo Street D, Houston, TX, 77091

Off Market

3 Beds

4 Bath

2,062 Sq Ft

$193.98 / sqft

Built in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Lot Size1,607 sqft

Building Information

Year Built2024

Garage Spaces1

Land Information

APN1424230010004

Lot Number4

Land UseResidential Single Family

Legal DescriptionLT 4 BLK 1 HIGHLAND PLACE

Census Tract531900

Assessed Land Value$44,900

Assessed Improvement Value$281,178

Assessment Year2025

About this property

NEW CONSTRUCTION! Welcome to Highland Place, Explore 8 modern homes with 3 beds, 3.5 baths, walk-out balconies and private driveways. Enjoy an open-concept kitchen with an island breakfast bar, a bright living room, and a luxurious primary suite with a soaking tub and separate shower. Each secondary bedroom has its own full bath. Features include Smart Home Technology, LED lighting, Stainless Steel Appliances, Quartz Countertops, Soft-close Cabinets/Drawers & LVP 9in Wood-Like Vinyl Plank flooring. Located in a rapidly growing Houston area near Garden Oaks, the Heights, and Downtown, with low taxes and no HOA fees. Not in a flood zone!

Investor Tools

$369,000

Estimated Property Value

$348,824Estimated Mortgage Balance

$20,176Estimated Equity

5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,400 /month

Positive

Cash Flow Estimate:

$800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$232/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$939

$326,078

2025

$44,900

$281,178

$326,078

Tax History

Year

Tax Paid

Assessed Value

2024

$939

$326,078

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$353,469

Yes

First

Aug 21, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$348,824

$20,176

95%

$2,120/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,120/mo

$-398/mo

5.6%

Learn About the Market: Opportunity in Houston

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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.

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