B+

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$461,000

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

Off Market

3 Beds

3 Bath

2,062 Sq Ft

Single Family Residence

$169.74 / sqft

Built in 2008

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size1,773 sqft

Building Information

Year Built2008

Garage Spaces2

Land Information

APN1289870010005

Lot Number5

SubdivisionWhitaker Cottages At West 23rd Street

Land UseResidential

Legal DescriptionLT 5 BLK 1 WHITAKER COTTAGES AT WEST 23RD ST

Census Tract511202

Assessed Land Value$124,110

Assessed Improvement Value$306,578

Assessment Year2025

About this property

Do not miss this fabulous FREE STANDING Heights home with private garage in a gated community! Each level has its own bedroom, full bathroom and spacious closet. Second floor living features a wall of windows and 2 story ceiling height which floods the home with natural light. The open concept living, dining and kitchen, complete with wine fridge and breakfast bar are surround sound ready making it an entertainer's dream! Third floor master is a true retreat, with large spa like bath, separate tub and shower, 2 walk in closets and extra tall ceilings. Also located on third floor is a unique loft style library and wetbar. Guest can pull right up to the front door on Beall street or they can utilize the extra guest parking inside the community. Walking distance to Crisp, Cedar Creek and more!

Investor Tools

$461,000

Estimated Property Value

$0Estimated Mortgage Balance

$172,349Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,766 /month

Positive

Cash Flow Estimate:

$922 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$698/month

$488/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,074

$430,688

2025

$124,110

$306,578

$430,688

Tax History

Year

Tax Paid

Assessed Value

2024

$6,074

$430,688

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Envoy Mortgage Ltd

Conventional

$324,900

First

Aug 31, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$288,651

$172,349

37%

63%

$1,948/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,436/mo

$-206/mo

5.8%

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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