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$489,657

NAL Estimated Property Value

1802 Elite Dr, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,088 Sq Ft
price_per_sqft$239.42 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,653 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1364720010010
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BLK 1 ELITE TOWNHOMES LLC
Census Tract310200
Assessed Land Value$88,858
Assessed Improvement Value$400,799
Assessment Year2025

About this property

Discover this stunning 4-story home in the heart of EADO, offering a breathtaking view of downtown. The first floor features a full bath and bedroom, while the second floor boasts an open concept living room and kitchen with granite countertops and stainless-steel appliances. On the third floor, you'll find a primary bedroom with 2 walk-in closets and a third bedroom with a full-size bathroom overlooking the Houston skyline. Step out onto the 4th-floor patio for panoramic views of Houston's major sports teams. Don't miss out on this incredible opportunity to own a piece of luxury in a prime location.

Investor Tools

Property Icon
$489,657
Estimated Property Value
$429,876Estimated Mortgage Balance
$59,781Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,032/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,939
$489,657
2025
$88,858
$400,799
$489,657
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,939
$489,657

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Conventional
$435,600
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,876
$59,781
12%
88%
$2,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$3,812/mo
$-1,722/mo
5.1%

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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1802 Elite Dr | Property Details | No Agent List