28Days on Market

1view

$459,500

1046 W 23rd Street C, Houston, TX, 77008

On Market

3 Beds

3 Bath

2,336 Sq Ft

Condos / Townhouses

$196.7 / sqft

Built in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Wine Refrigerator, Microwave, Dishwasher, Instant Hot Water, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,481 sqft

Building Information

Year Built2008

Garage Spaces2

Land Information

APN1289870010009

Lot Number9

SubdivisionWhitaker Cottages At West 23rd Street

Land UseResidential

Legal DescriptionLT 9 BLK 1 WHITAKER COTTAGES AT WEST 23RD ST

Census Tract511202

Assessed Land Value$103,600

Assessed Improvement Value$317,772

Assessment Year2025

About this property

Welcome to the beautiful gated community of Whitaker Cottages on W 23rd Street. This meticulously maintained three-story home offers thoughtful updates throughout, including an HVAC system (Trane, 2022), roof (2022), all appliances replaced (2022. Additional upgrades can be found on the attached improvements list, in total over $75,000. The first floor features a generously sized bedroom with an ensuite bath. On the second floor, you’ll find the main living area designed for both comfort and entertaining, seamlessly connecting the living, dining, and kitchen spaces. This level also includes a secondary bedroom or office with a full bath. The third floor is dedicated to the spacious primary suite, complete with an ensuite bath and access to a wet bar and sitting area. Ideally located, this home offers convenient access to great dining, local shops, and popular attractions such as the Heights farmers markets.

Investor Tools

$324,376Estimated Mortgage Balance

$141,624Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,796 /month

Positive

Cash Flow Estimate:

$932 /month

Interested in this property?

Kenneth Kottwitz

Bernstein Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$693/month

$625/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,987

$421,372

2025

$103,600

$317,772

$421,372

Tax History

Year

Tax Paid

Assessed Value

2024

$5,987

$421,372

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$350,625

First

May 12, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,376

$141,624

30%

70%

$2,103/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,728/mo

$-498/mo

5.7%

Learn About the Market: Opportunity in Houston

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