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$484,500

1011 W 23rd Street, Houston, TX, 77008

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$423.51 / 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
AppliancesMicrowave, Dishwasher, Oven

Exterior

Lot Size4,722 sqft

Building Information

Year Built1940
Garage Spaces3

Land Information

APN1234870010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 TEXAS HEIGHTS
Census Tract511202
Assessed Land Value$330,400
Assessed Improvement Value$73,100
Assessment Year2025

About this property

***NOTE*** THE PROPERTY NEXT DOOR AT 1009 W. 23RD (MLS #39943228) IS LISTED AS WELL BY THE SAME SELLER AND THE SELLER WILL ONLY CONSIDER OFFERS TO PURCHASE BOTH PROPERTIES SIMULTANEOUSLY.***Located in "Shady Acres", 1011 W. 23rd is a 2 bedroom, 2 bath bungalow style home located on a +/- 4,720 S/F (per H.C.A.D.) lot. Spacious living and den/dining room. Indoor laundry. Two porches. Wrought iron front fence. Automatic driveway gate to SHARED DRIVEWAY AND ASSIGNED SHARED COVERED PARKING. Covered back porch & greenspace. Close to area restaurants and easy access to 610, I-10 and I-45. Minutes to The Galleria & downtown. Walk to Wright-Bembry Park & tennis courts. The property next door at 1009 W. 23rd is also available for purchase (MLS #39943228). SELLER WILL ONLY CONSIDER OFFERS TO PURCHASE BOTH PROPERTIES SIMULTANEOUSLY. Combined parcels may provide a great location to build.

Investor Tools

$0Estimated Mortgage Balance
$451,000Estimated 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
$739/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,618
$403,500
2025
$330,400
$73,100
$403,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,618
$403,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$451,000
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
5.9%

City: Houston