Last 24 Hours
$223,000
NAL Estimated Property Value1821 Esther Dr, Houston, TX, 77088
Off Market
Commercial
3 Beds
1 Bath
1,584 Sq Ft
Multi Family
$142.05 / sqft
Built in 1930Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Heating Central
CoolingExterior
Lot Size12,188 sqft
Building Information
Year Built1930
Stories1
Land Information
APN0162540040001
Lot Number1
SubdivisionHighland Addition
Land UseResidential
Legal DescriptionLT 1 BLK 4 HIGHLAND ADDITION
Census Tract533402
Assessed Land Value$95,678
Assessed Improvement Value$60,619
Assessment Year2025
About this property
Great investment property. Home is sold "As Is." Renovations were started on the unit featuring 1 bed-room / 1 bath, located on the westside of the home. The 3 bed-room, 1 bath unit, located on the east-side, could use updating. The home features central air, as well as, a new roof added in 2024. Minutes from I-45, 610, Downtown Houston, and The Galleria.
Investor Tools
$223,000
Estimated Property Value
$145,503Estimated Mortgage Balance
$77,497Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,006
$156,297
2025
$95,678
$60,619
$156,297
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,006
$156,297
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thach N Vo
Commercial
$147,000
No
First
Oct 24, 2025
Oct 2030
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,503
$77,497
34%
65%
$882/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$882/mo
+$840/mo
9.3%
12.4%