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$325,000

5010 E Newpark Dr, Houston, TX, 77041

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,739 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.89 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,040 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1158060030023
Lot Number23
SubdivisionWestbranch
Land UseResidential
Legal DescriptionLT 23 BLK 3 WESTBRANCH SEC 2 PAR R/P
Census Tract521800
Assessed Land Value$65,288
Assessed Improvement Value$252,112
Assessment Year2025

About this property

Charming one-story brick and cement-board home in Houston's Spring Branch area, built in 1998 on a 5,040 sq ft lot in the Westbranch subdivision. This 3-bedroom, 2-bath residence offers 1,739 sq ft of living space, with all bedrooms conveniently located downstairs. The island kitchen features granite countertops, a breakfast bar, and a gas range/oven, flowing into multiple dining options including a breakfast room, formal dining, and formal living area. High ceilings and a gas fireplace add warmth to the living space, while insulated Low-E windows and ceiling fans keep it comfortable year-round. Step outside to a covered patio and fenced backyard with a storage shed — perfect for relaxing or entertaining. Additional features include laminate and tile flooring, central gas heat with electric AC, a slab foundation, composition roof, and washer/gas-electric dryer connections. Move-in ready and full of everyday functionality.

Investor Tools

$143,038Estimated Mortgage Balance
$174,362Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Thi Luong

Core Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
$277/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,573
$317,400
2025
$65,288
$252,112
$317,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,573
$317,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$161,000
No
First
Dec 11, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,038
$174,362
54%
45%
$966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$1,243/mo
+$1,007/mo
8.5%

City: Houston

5010 E Newpark Dr | Property Details | No Agent List