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$569,000

NAL Estimated Property Value

1226 E 23rd Street, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,155 Sq Ft
price_per_sqft$261.72 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDisposal, Microwave, Dishwasher

Exterior

Exterior FeaturesBalcony, Side Yard
Lot Size1,965 sqft

Building Information

Garage Spaces2

Land Information

APN1367510010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 82 GARCIA HOMES ON EAST 23RD STREET
Census Tract511502
Assessed Land Value$127,725
Assessment Year2025

About this property

Brand-new & never lived in, this 3-story home blends modern design, comfort & convenience in the heart of the Heights. The first floor features a mudroom, private bedroom & full bath—ideal for guests or a home office. Upstairs, enjoy open-concept living filled with natural light that flows seamlessly into a sleek kitchen complete with a dry bar & stylish finishes. The spacious primary suite offers a spa-like retreat with a large walk-in shower & elegant finishes throughout. A private side yard offers outdoor space with minimal upkeep, making this the perfect low-maintenance lifestyle home. Located just minutes from Heights hotspots, hike & bike trails, Downtown Houston & major freeways—where modern living meets one of Houston’s most desirable neighborhoods.

Investor Tools

Property Icon
$569,000
Estimated Property Value
$407,570Estimated Mortgage Balance
$161,430Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,672
$127,725
2025
$127,725
N/A
$127,725
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,672
$127,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Groundfloor Credit 1 Llc
Commercial
$412,997
No
First
Oct 6, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,570
$161,430
28%
72%
$2,477/mo

Learn About the Market: Opportunity in Houston

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Explore

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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1226 E 23rd Street | Property Details | No Agent List