$538,000
NAL Estimated Property Value1243 W 23rd Street D, Houston, TX, 77008
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringStone, Vinyl
Exterior
Lot Size1,725 sqft
Building Information
Year Built2022
Garage Spaces2
Land Information
APN1450200010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 LEXENHOME WEST 23
Census Tract511202
Assessed Land Value$120,750
Assessed Improvement Value$387,402
Assessment Year2025
About this property
Located in the booming neighborhood of Shady Acres, this 5-pack of freestanding homes provides spacious living and excellent walkability to parks, restaurants, and night life options. Each home has 3 bedrooms with ensuite bathrooms and updated finishes throughout. Easy and convenient parking available on the street for guests. Schedule your visit to the Sunshine on 23rd community today!
Investor Tools
$538,000
Estimated Property Value
$399,490Estimated Mortgage Balance
$138,510Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,228 /month
Positive
Cash Flow Estimate:
$1,076 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$936/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,544
$508,152
2025
$120,750
$387,402
$508,152
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,544
$508,152
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$410,000
No
First
Feb 29, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,490
$138,510
25%
74%
$2,624/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,624/mo
$-394/mo
5.0%
