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$466,000

NAL Estimated Property Value

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

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.27 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Microwave, Dishwasher, Instant Hot Water, Dryer, Refrigerator, Washer
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

Property Icon
$466,000
Estimated Property Value
$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

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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
No

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
No
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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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.

Explore Texas Explore This Area
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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1046 W 23rd Street C | Property Details | No Agent List