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$587,000

NAL Estimated Property Value

1422 W 23rd Streets B, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.96 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size1,708 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1362690010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 ROOF TOP VILLAS
Census Tract511100
Assessed Land Value$102,360
Assessed Improvement Value$422,640
Assessment Year2025

About this property

Beautiful, new construction located in a sought after Heights location. These freestanding homes are the perfect blend of contemporary and traditional, creating a transitional design with a European inspired layout. Key interior selections include beautiful white quartz countertops, white cabinetry, and luxury vinyl flooring. With a spacious 4th floor roof top terrace featuring expansive views of the city, these homes will take absolutely your breath away. Contact your agent or the listing agent for more details!

Investor Tools

Property Icon
$587,000
Estimated Property Value
$460,443Estimated Mortgage Balance
$126,557Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,522 /month
Positive
Cash Flow Estimate:
$1,174 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$899/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,858
$525,000
2025
$102,360
$422,640
$525,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,858
$525,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$495,900
No
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$460,443
$126,557
21%
78%
$2,974/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,974/mo
$-94/mo
5.9%

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 W 23rd Streets B | Property Details | No Agent List