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$285,000

1422 Esther Drive, Houston, TX, 77088

$319,157 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.08 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size6,700 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0741550010002
Lot Number2
SubdivisionJames Franklin
Land UseResidential
Legal DescriptionLT 2 BLK 1 JAMES FRANKLIN
Census Tract533402
Assessed Land Value$69,010
Assessed Improvement Value$202,299
Assessment Year2025

About this property

Discover this stunning home in the heart of historic Acres Home! Featuring a rare and thoughtfully designed floor plan, this property boasts 4 bedrooms and 3.5 baths, including a private bedroom with a full bath conveniently located on the first floor. The spacious yard is perfect for entertaining, offering endless possibilities for outdoor enjoyment. Whether you’re a homebuyer or an investor, this property is an ideal choice, combining modern elegance with functionality. Located just minutes from downtown Houston, it offers both charm and convenience. Room dimensions are approximate; buyers should verify independently. Don’t miss out—schedule your visit today!

Investor Tools

Property Icon
$285,000
Estimated Property Value
$0Estimated Mortgage Balance
$133,558Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$319,156
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$819
$271,309
2025
$69,010
$202,299
$271,309
No

Tax History

Year
Tax Paid
Assessed Value
2024
$819
$271,309

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$153,000
No
First
Oct 1, 2025
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,442
$133,558
46%
53%
$918/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$918/mo
+$1,308/mo
9.4%

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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1422 Esther Drive | Property Details | No Agent List