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$320,000

5735 Cerritos Dr, Houston, TX, 77035

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,793 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.91 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,520 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN0860330000011
Lot Number11
SubdivisionWestbury
Land UseResidential
Legal DescriptionLT 11 BLK 75 WESTBURY SEC 3
Census Tract422100
Assessed Land Value$94,752
Assessed Improvement Value$177,538
Assessment Year2025

About this property

One of the best in Westbury. Fabulously renovated traditional ranch home, updated plumbing, HVAC, vinyl plank floors, windows, granite counters you name it! Step into a warm family room that overlooks a formal dining and kitchen. A wall of windows lends natural light inside. The guest bedrooms are well- sized and share a guest bath with a gorgeous clawfoot tub. The Primary retreat presents dual closets and a spa-like shower. Enjoy the outdoors under the expansive covered deck equipped with an outdoor kitchen and wired for entertaining needs. Home has been lovingly cared for and ready for its new owners. All per Seller

Investor Tools

Property Icon
$320,000
Estimated Property Value
$306,348Estimated Mortgage Balance
$41,843Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,675
$272,290
2025
$94,752
$177,538
$272,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,675
$272,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Choice Home Loans Lp
Fha
$306,348
Yes
First
Jul 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,157
$55,843
16%
87%
$1,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,837/mo
+$389/mo
8.3%

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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5735 Cerritos Dr | Property Details | No Agent List