7view

Owner Contacts

$273,000

NAL Estimated Property Value

5823 Alvarado Dr, Houston, TX, 77035

Off Market

3 Beds

2 Bath

1,613 Sq Ft

$167.39 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer

FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,253 sqft

Building Information

Year Built1962

Stories1

Garage Spaces1

Land Information

APN0903810000004

Lot Number4

SubdivisionWestbury South

Land UseResidential

Legal DescriptionW 62 FT OF E 63 FT OF LT 4 BLK 130 WESTBURY SOUTH

Census Tract422100

Assessed Land Value$57,816

Assessed Improvement Value$172,067

Assessment Year2025

About this property

Charming & beautifully-updated single-story home in the desirable Westbury community; located minutes from Downtown Houston. >1,600sf floor plan includes 3 beds & 2 full baths, + flexible formal living/dining space, & fantastic open-concept family room w/vaulted ceiling. Updated Chef's kitchen boasts 42" cabinetry, elegant granite counters, & modern SS appliances; including gas oven/5-burner range, & recent Frigidaire Gallery fridge. Washer & dryer also included. Huge fully-fenced backyard w/patio great for entertaining. Additional updates include laminate floors, ceiling fans, PEX piping, recent windows, & more. No MUD tax or HOA dues. Near Hager Park, Westbury park & pool, & Willow Waterhole Greenway. Blocks from Hwy-90 for easy commute to endless shopping, dining, entertainment, & everything Houston has to offer. With convenient location & modern amenities, this home is perfect for those seeking comfortable & stylish living in one of Houston's favorite neighborhoods! Never flooded!

Investor Tools

$273,000

Estimated Property Value

$255,584Estimated Mortgage Balance

$17,416Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,638 /month

Positive

Cash Flow Estimate:

$546 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$405/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,501

$229,883

2025

$57,816

$172,067

$229,883

Tax History

Year

Tax Paid

Assessed Value

2024

$3,501

$229,883

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hancock Whitney Bank

Conventional

$270,000

First

Jun 2, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$255,584

$11,416

94%

$1,619/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,619/mo

+$103/mo

7.6%

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