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$331,000

5723 White Mills Dr, Houston, TX, 77041

$428,365 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,279 sqft

Building Information

Year Built1989
Garage Spaces2

Land Information

APN1160370030011
Lot Number11
SubdivisionConcord Bridge
Land UseResidential
Legal DescriptionLT 11 BLK 3 CONCORD BRIDGE SEC 7
Census Tract540700
Assessed Land Value$58,216
Assessed Improvement Value$243,784
Assessment Year2025

About this property

Nestled in the sought-after neighborhood of White Mills, this charming 4 bed, 2 bath single-family detached home boasts 2300 sq ft of living space. Built in 1989, the property offers a spacious lot size of 7280 sq ft, perfect for outdoor enjoyment. Located in a convenient location, this home is ideal for those seeking a comfortable and stylish living environment.

Investor Tools

Property Icon
$331,000
Estimated Property Value
$204,232Estimated Mortgage Balance
$161,623Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$428,365
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,664
$302,000
2025
$58,216
$243,784
$302,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,664
$302,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$204,232
Yes
First
Jan 24, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,377
$163,623
49%
51%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$1,225/mo
+$1,685/mo
10.5%

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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5723 White Mills Dr | Property Details | No Agent List