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Owner Contacts

$303,000

NAL Estimated Property Value

5723 Cartagena St, Houston, TX, 77035

Off Market

3 Beds

2 Bath

1,971 Sq Ft

Single Family Residence

$111.11 / sqft

Built in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Electric Cooktop, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1960

Stories1

Garage Spaces2

Land Information

APN0860340000042

Lot Number41,42

SubdivisionWestbury

Land UseResidential

Legal DescriptionE 50 FT OF LT 41 & W 10 FT OF LT 42 BLK 76 WESTBURY SEC 3

Census Tract422100

Assessed Land Value$91,930

Assessed Improvement Value$178,244

Assessment Year2025

About this property

*Previous buyers were unable to close due to circumstances beyond control, so the home is back on the market! Make an appointment to see it today!* Welcome to 5723 Cartagena, where the options are truly endless! This home offers 3 full bedrooms, an office (or potential 4th bedroom), AND a bonus room! No carpet anywhere in side the home! The open concept home has a great flow from the kitchen to the living and dining rooms. Current owners added an indoor laundry room with tons of space for extra storage. The bonus room could be used as a playroom, second office, or even a guest room. One of the most unique features of the home is a great screened in back patio with a beautiful rooftop deck! Thanks to the current owners you’ll also be able to enjoy a luxurious master bedroom oasis with a stunning master bathroom remodel. Is fast internet speed important to you? Good, because the home is wired for fiber! Why wait? Make an appointment to view your new home today!

Investor Tools

$303,000

Estimated Property Value

$197,587Estimated Mortgage Balance

$105,413Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,818 /month

Positive

Cash Flow Estimate:

$606 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$542/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,983

$270,174

2025

$91,930

$178,244

$270,174

Tax History

Year

Tax Paid

Assessed Value

2024

$4,983

$270,174

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Financial Network Inc

$221,500

Yes

First

Oct 15, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$197,587

$116,413

37%

65%

$1,329/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,329/mo

+$393/mo

6.8%

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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