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$399,000

$2,900

1806 Line St, Houston, TX, 77009

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,969 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.64 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,529 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1461790010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 ELYSIAN MANOR
Census Tract210800
Assessed Land Value$77,699
Assessed Improvement Value$300,201
Assessment Year2025

About this property

Introducing the final two homes in Oracle City Homes’ Elysian Manor community. This new construction residence offers 3 bedrooms, 3.5 bathrooms, Downtown Houston views, NO HOA, and a private driveway. The open-concept design is filled with natural light and features a spacious lanai for outdoor enjoyment. The gourmet kitchen includes stainless steel appliances, custom cabinetry, and a large island. The primary suite boasts a spa-inspired bath with a freestanding tub, walk-in shower, dual vanities, and a large walk-in closet. Each secondary bedroom has its own private bath, plus a convenient half bath for guests. Private driveway and attached garage provide parking for up to four vehicles. Ideally located just 5 minutes from Downtown Houston with easy access to dining, entertainment, and major freeways.

Investor Tools

$360,587Estimated Mortgage Balance
$31,554Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Kourtney Gobert

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,611
$377,900
2025
$77,699
$300,201
$377,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,611
$377,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$371,055
Yes
First
Nov 6, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,587
$33,413
8%
92%
$2,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,225/mo
$-503/mo
5.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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1806 Line St | Property Details | No Agent List