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$484,500

1009 W 23rd Street, Houston, TX, 77008

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$432.59 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Dishwasher
FlooringWood

Exterior

Lot Size4,722 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN1234870010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 TEXAS HEIGHTS
Census Tract511202
Assessed Land Value$330,400
Assessed Improvement Value$79,600
Assessment Year2025

About this property

***NOTE*** THE PROPETY NEXT DOOR AT 1011 W. 23RD (MLS #47291030) IS LISTED AS WELL BY THE SAME SELLER AND THE SELLER WILL ONLY CONSIDER OFFERS TO PURCHASE BOTH PROPERTIES SIMULTANEOUSLY.*** Located in "Shady Acres", 1009 W. 23rd is a 2 bedroom, 1 bath bungalow style home located on a +/- 4,720 S/F (per H.C.A.D.) lot. Eat-in kitchen, and spacious living and dining rooms. Primary bedroom has dressing and sitting room. Two covered porches. Wrought iron front fence. Automatic driveway gate to SHARED DRIVEWAY AND ASSIGNED SHARED COVERED PARKING WITH THE HOUSE AT 1011 W. 23RD. Small fenced yard. Close to area restaurants and easy access to 610, I-10 and I-45. Minutes to The Galleria and downtown. Walk to Wright-Bembry Park and tennis courts. The property next door at 1011 W. 23rd is also available for purchase (MLS #47291030).Combined parcels may provide a great location to build.

Investor Tools

$0Estimated Mortgage Balance
$465,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,907 /month
Positive
Cash Flow Estimate:
$969 /month

Interested in this property?

Faron Daigle

Faron Daigle Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,592
$410,000
2025
$330,400
$79,600
$410,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,592
$410,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
N/A
+$2,230/mo
5.8%

City: Houston

1009 W 23rd Street | Property Details | No Agent List