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$334,000

NAL Estimated Property Value

5707 White Magnolia Drive, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,757 Sq Ft
price_per_sqft$182.12 / sqft

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,681 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1440470010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 HIGHLAND POINTE
Census Tract531800
Assessed Land Value$53,619
Assessed Improvement Value$261,623
Assessment Year2025

About this property

Gated community outside of Oak Forrest. Cottages at Highland Pointe offers modern paired homes with thoughtful layouts, designer details, home technology, dog park and more. Residents will appreciate low-maintenance yards and close proximity to shopping, dining, area golf. Easy access to the 610-loop and highways 290 & 45 and easy access to downtown Houston. Three and four-bedroom homes are available. Call today to schedule your private tour. *See attachments for interior packages. *Due to supply chain issues, materials are subject to change. All measurements are approximate and to be verified by the buyer.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$291,201Estimated Mortgage Balance
$42,799Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$1,188/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,393
$315,242
2025
$53,619
$261,623
$315,242
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,393
$315,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$314,193
Yes
First
Jun 30, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,201
$42,799
12%
87%
$1,884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,072/mo
$-1,350/mo
6.2%

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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5707 White Magnolia Drive | Property Details | No Agent List