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$590,000

1621 W 23rd Street B, Houston, TX, 77008

PendingInfo
Beds3 Beds
Baths4 Bath
Baths2,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.67 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size2,823 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN0561650030008
Lot Number8
SubdivisionShady Acres
Land UseResidential
Legal DescriptionLT 8 BLK 1 SHADY ACRES SEC 2 6TH PAR R/P
Census Tract511100
Assessed Land Value$169,380
Assessed Improvement Value$365,624
Assessment Year2025

About this property

This beautiful, freestanding home sits inside a private community in popular Shady Acres. Upon entering you're greeted by a sizable foyer that leads to the first floor bedroom with backyard access. Fresh paint and a large, open living space, natural light and soaring ceilings welcome you to the main floor. The kitchen opens to living/dining combo allowing for easy entertaining and has been recently updated with new appliances. The large primary bed on third floor is complete with new carpet, 2 large walk-in closets, primary bath with dual sinks, soaking tub & separate shower. The additional secondary bedrooms also has an en-suite bathroom and generously sized closet. Outside, step out to new fully fenced yard with heated pool, turfed green space and spacious lounging area outfitted with pest control & mosquito misting system. Backyard is plumbed & gas line run for outdoor kitchen. Ideal location close to restaurants and bike trails with easy hwy access. Zoned to Sinclair Elementary!

Investor Tools

$346,701Estimated Mortgage Balance
$267,299Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$2,900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,767
$535,004
2025
$169,380
$365,624
$535,004
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,767
$535,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$375,250
No
First
Oct 16, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,701
$267,299
43%
56%
$2,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,294/mo
$-3,064/mo
4.4%

City: Houston

1621 W 23rd Street B | Property Details | No Agent List