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Owner Contacts

$408,378

NAL Estimated Property Value

1414 Elk River Rd, Houston, TX, 77090

Off Market

4 Beds

5 Bath

3,208 Sq Ft

Single Family Residence

$93.45 / sqft

Built in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Lot Size19,001 sqft

Building Information

Year Built1978

Garage Spaces2

Land Information

APN1031480000004

Lot Number4

SubdivisionPonderosa Forest

Land UseResidential

Legal DescriptionLT 4 & TR 5A BLK 35 PONDEROSA FOREST SEC 4

Census Tract553101

Assessed Land Value$48,906

Assessed Improvement Value$359,472

Assessment Year2025

About this property

Come check out this gorgeous home located on Elk River Rd. Just minutes away from major highways. This Beautiful 4 bedroom home is complemented with a great curb appeal and a swimming pool in the backyard. It is a gorgeous 2 story home with an spacious floor plan. You are welcome by a large living area with a fireplace and separate formal dining room. The kitchen has upgraded Stainless steel appliances with granite counters and an island. The oversized master bedroom has an additional seating area with a master bathroom complemented with a tub and shower. The other three bedrooms are located on the 2nd story with a beautiful game room. The upstairs is fully carpeted and the first story has a combination of wooden floors and tiles. The backyard perfect for your get-togethers with a covered patio and a beautiful swimming pool.

Investor Tools

$408,378

Estimated Property Value

$277,433Estimated Mortgage Balance

$130,945Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,450 /month

Positive

Cash Flow Estimate:

$817 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$396/month

$465/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,709

$408,378

2025

$48,906

$359,472

$408,378

Tax History

Year

Tax Paid

Assessed Value

2024

$2,709

$408,378

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Solutions Of Colorado Llc

Fha

$304,385

Yes

First

Sep 16, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$277,433

$130,945

32%

68%

$1,825/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,320/mo

$2,290/mo

+$30/mo

6.8%

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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