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$551,000

NAL Estimated Property Value

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

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,260 Sq Ft
price_per_sqft$220.8 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh 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, Dishwasher

Exterior

Lot Size1,786 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN0561650030011
Lot Number11
SubdivisionShady Acres
Land UseResidential
Legal DescriptionLT 11 BLK 1 SHADY ACRES SEC 2 6TH PAR R/P
Census Tract511100
Assessed Land Value$107,220
Assessed Improvement Value$355,731
Assessment Year2025

About this property

This delightful 3-bedroom 3.5-bath David Weekley built home is located in the highly desirable Shady Acres area in a quaint gated community. Tucked away on a street lined with sidewalks, the home is in close proximity to White Oak Bayou Trail. Low maintenance turf front yard decorated with jasmine. Inside, Oak hardwoods gleam throughout, and an open floor plan gives the living and kitchen areas an expansive feel. Kitchen boasts spacious countertops, ample cabinets, large pantry and an island that is perfect for entertaining! The primary bedroom is a private oasis. Bathroom features double sinks and separate tub and shower, and you will find plenty of walk-in closet space to let your wardrobe breathe. As if that's not enough, there's a double-sided gas fireplace to provide quiet warmth and serve as the centerpiece for a few minutes of tranquility. The other two bedrooms, both ensuite, have an abundance of closet space. An attached two-car garage will protect your cars from the weather.

Investor Tools

Property Icon
$551,000
Estimated Property Value
$454,269Estimated Mortgage Balance
$96,731Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,306 /month
Positive
Cash Flow Estimate:
$1,102 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
$2,665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,517
$462,951
2025
$107,220
$355,731
$462,951
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,517
$462,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$489,250
No
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,269
$96,731
17%
82%
$2,934/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,599/mo
$-3,369/mo
4.9%

City: Houston

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