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Owner Contacts

$240,550

NAL Estimated Property Value

14823 Elmtex Drive, Houston, TX, 77396

$267,678 ARV

Off Market

4 Beds

2 Bath

1,950 Sq Ft

$97.43 / sqft

Built in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

FlooringTile

Exterior

Lot Size6,721 sqft

Building Information

Year Built1960

Stories1

Garage Spaces3

Land Information

APN0924800000005

Lot Number5

SubdivisionEastex Oaks Village

Land UseResidential

Legal DescriptionLT 5 BLK 14 EASTEX OAKS VILLAGE SEC 2

Census Tract232201

Assessed Land Value$45,864

Assessed Improvement Value$194,686

Assessment Year2025

About this property

Welcome home! One story home is now available and is ready to move in. This 4 bedroom and 2 bath home was recently updated, including new ceiling fans, baseboards, ceramic tiles, kitchen cabinets and granite countertops, bathroom cabinets and granite countertops, fresh paint, crown molding, water heater, security camera system, energy efficient windows from Window World, an updated utility room, among other features. Plenty of fruit trees, tool shed and gazebo, that you, your family and friends can enjoy for many summer events and more. No HOA, in an unrestricted areas, this home is located close to Beltway 8, Highway 69 and Hardy Toll Rd, for an easy commute. Call and make your appointment.

Investor Tools

$240,550

Estimated Property Value

$195,390Estimated Mortgage Balance

$45,160Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$267,677

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,443 /month

Positive

Cash Flow Estimate:

$481 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$273/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,071

$240,550

2025

$45,864

$194,686

$240,550

Tax History

Year

Tax Paid

Assessed Value

2024

$2,071

$240,550

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcap Mortgage Ltd

Fha

$196,377

Yes

First

Jul 9, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$195,390

$45,160

18%

81%

$1,286/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$1,286/mo

+$594/mo

9.4%

Learn About the Market: Opportunity in Houston

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