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$487,000

NAL Estimated Property Value

1723 Shadow Bend Dr, Houston, TX, 77043

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,097 Sq Ft
price_per_sqft$240.82 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size15,791 sqft

Building Information

Year Built1961
Stories1
Garage Spaces4

Land Information

APN0932780000026
Lot Number26
SubdivisionShadow Oaks
Land UseResidential
Legal DescriptionLT 26 BLK 15 SHADOW OAKS SEC 6
Census Tract522402
Assessed Land Value$293,921
Assessed Improvement Value$184,350
Assessment Year2025

About this property

BEAUTIFULLY UPDATED one-story, 4-bedroom home on a GENEROUS 0.36 ACRE LOT! This MOVE-IN READY gem boasts a spacious layout with FRESH INTERIOR PAINT, NEW CARPET, and STYLISH LAMINATE WOOD FLOORING. The RENOVATED KITCHEN shines with GRANITE COUNTERTOPS, tumbled marble backsplash, tile flooring, and a NEW STOVETOP. The private primary suite offers AMPLE CLOSET SPACE and an ensuite bath. Major updates include a LARGE-CAPACITY A/C UNIT ('21), NEW WATER HEATER, and REPLACED UNDERGROUND SEWER LINE. NO BURST PIPES during the '19 freeze and NEVER FLOODED. Exterior upgrades include a NEW GATE & FENCE, LOW-MAINTENANCE HARDSCAPING ('25), and an ENHANCED BACKYARD DRAINAGE SYSTEM ('18). Zoned to Highly Rated SBISD Schools and minutes from a LARGE NEIGHBORHOOD PARK, City Centre, Memorial City, and the Energy Corridor—with EASY ACCESS to Beltway 8 & I-10!

Investor Tools

Property Icon
$487,000
Estimated Property Value
$0Estimated Mortgage Balance
$487,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,156
$478,271
2025
$293,921
$184,350
$478,271
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,156
$478,271

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$478,271
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
N/A
+$2,280/mo
5.6%

Learn About the Market: Opportunity in Houston

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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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1723 Shadow Bend Dr | Property Details | No Agent List