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Owner Contacts

$526,822

2111 Elmgate Dr, Houston, TX, 77080

Off Market

3 Beds

2 Bath

2,117 Sq Ft

Single Family Residence

$242.32 / sqft

Built in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size10,350 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN1011310000029

Lot Number29

SubdivisionSpring Shadows

Land UseResidential

Legal DescriptionLT 29 BLK 16A SPRING SHADOWS SEC 8 R/P

Census Tract522201

Assessed Land Value$239,375

Assessed Improvement Value$287,447

Assessment Year2025

About this property

One of a kind opportunity to purchase a heavily upgraded home in booming Spring Shadows. Updates include next PEX water lines(2021), new eng. wood floors in kitchen/living/dining(2021), new oversized master shower(2021), new tubs(2021), all next fixtures(2021), upgraded windows throughout, hardi-plank siding, new fixtures(2021), new HVAC system(2021), new carpet with upgraded pad(2021), new stainless steel appliances(2021), new custom built master closet(2021), new water heater(2021), new soft close cabinets in kitchen and baths(2021), new Calcutta quartz counters in kitchen and bathrooms(2021). Massive OVERSIZED BACKYARD. Hurry, nothing comparable and priced to sell!

Investor Tools

$526,822

Estimated Property Value

$163,000Estimated Mortgage Balance

$330,151Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,161 /month

Positive

Cash Flow Estimate:

$1,054 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$617/month

$361/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,772

$526,822

2025

$239,375

$287,447

$526,822

Tax History

Year

Tax Paid

Assessed Value

2024

$4,772

$526,822

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loandepot.Com Llc

Conventional

$163,000

First

Mar 30, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$196,671

$330,151

62%

37%

$1,278/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,639/mo

+$587/mo

5.1%

Learn About the Market: Opportunity in Houston

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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.

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