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$483,000

NAL Estimated Property Value

1049 W 22nd Street L, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.22 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,660 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN1289870010017
Lot Number17
SubdivisionWhitaker Cottages At West 23rd Street
Land UseResidential
Legal DescriptionLT 17 BLK 1 WHITAKER COTTAGES AT WEST 23RD ST
Census Tract511202
Assessed Land Value$116,060
Assessed Improvement Value$318,293
Assessment Year2025

About this property

Discover elegance in this Shady Acres gem— this single-family gated home boasts 3 bedrooms and 3 full bathrooms, plus a convenient half bathroom on the 2nd floor. Upon entering your private entrance, double French doors take you into the 1st floor bedroom with en suite bathroom and walk in closet! Hardwood floors lead you upstairs to the second floor open-concept living space, adorned with tall windows that flood the area with abundant natural light. Dining area and wine bar make entertaining a breeze! Chef's kitchen with granite counter top, breakfast bar, large island, SS appliances, and spacious walk in pantry! Breakfast area with access to balcony + gas hookup. Generous 3rd floor primary features soaring ceiling and elegant bathroom including dual sinks, soaking tub, large shower, and 2 sizable walk in closets! 2 car garage, 2nd floor utility room, tons of storage, + no shared walls! Walk to Wright Bembry Park! Close to great restaurants and shopping! A true treasure!

Investor Tools

Property Icon
$483,000
Estimated Property Value
$362,640Estimated Mortgage Balance
$120,360Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,898 /month
Positive
Cash Flow Estimate:
$966 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,643
$434,353
2025
$116,060
$318,293
$434,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,643
$434,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$378,000
No
First
Feb 20, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,640
$120,360
24%
75%
$2,267/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,892/mo
$-662/mo
5.5%

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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1049 W 22nd Street L | Property Details | No Agent List