1view

$1,662,000

1927 Norfolk St, Houston, TX, 77098

Off Market

4 Beds

4 Bath

3,860 Sq Ft

Single Family Residence

$453.11 / sqft

Built in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size6,247 sqft

Building Information

Year Built2022

Garage Spaces2

Land Information

APN0571250000010

Lot Number10

SubdivisionRichmond Place

Land UseCommercial

Legal DescriptionLT 10 BLK 5 RICHMOND PLACE

Census Tract410900

Assessed Land Value$551,250

Assessed Improvement Value$968,750

Assessment Year2025

About this property

Stunning Contemporary/Modern by Houston's Premier Home Builder, Croix Custom Homes! This Cool Contemporary home offers crisp, clean moderns lines while still maintaining a feeling of warmth and comfort. The epitome of modern luxury, this home has so much to offer. 11ft Ceilings Down, 10Ft Ceilings Up, Dramatic Two-Story Dining Area with Soaring Ceiling, Stunning staircase with Glass Railing, Wood Floors and More.. Open Floor Plan, great for entertaining with good flow and function. Wonderful natural light plus wall space for an art collector. First Floor Study/Library, Upstairs Media/Game Room and 4 Bedrooms! Elevator Capable, Covered Lanai, Outdoor Kitchen and a Large Yard with room for a Pool! This is a Wonderful, Experienced Builder to work with, Offering 25+ Years in the Building Business with Great References! This home has just been completed!

Investor Tools

$1,662,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,662,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,494 /month

Positive

Cash Flow Estimate:

$3,498 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,840/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$25,771

$1,520,000

2025

$551,250

$968,750

$1,520,000

Tax History

Year

Tax Paid

Assessed Value

2024

$25,771

$1,520,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,520,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

2.4%

Learn About the Market: Opportunity in Houston

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 This Area