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$642,000

NAL Estimated Property Value

0 Elgin, Houston, TX, 77004

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2,500 sqft

Land Information

APN0221300000032
SubdivisionGeorge Kulhman
Land UseRes Vacant Table Val
Legal DescriptionTR 13A BLK 2 GEORGE KULHMAN
Census Tract312200
Assessed Land Value$89,250
Assessment Year2025

About this property

6500 SF of land located on Elgin Street near Elgin Ct, right off of Scott St. Property is close to U of H, TSU, metro light rail station. Fast and easy access to HWY 288, 59 and I-45. LOCATION, LOCATION, LOCATION! Great opportunity for builders and investors. Home is NOT in a flood zone! Must be sold with the lot next door by the same seller with the tax account number: 0090320040002 and MLS number: 46940155. Prices are separate.

Investor Tools

Property Icon
$642,000
Estimated Property Value
$0Estimated Mortgage Balance
$642,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,852 /month
Positive
Cash Flow Estimate:
$1,284 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,703
$89,250
2025
$89,250
N/A
$89,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,703
$89,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$642,000
100%
0%
$0/mo

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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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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