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$511,000

NAL Estimated Property Value

2114 Elmgate Dr, Houston, TX, 77080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,205 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.88 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,908 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1011290000028
Lot Number28
SubdivisionSpring Shadows
Land UseResidential
Legal DescriptionLT 28 BLK 14A SPRING SHADOWS SEC 8 R/P
Census Tract522201
Assessed Land Value$221,375
Assessed Improvement Value$274,308
Assessment Year2025

About this property

Charming single-story home in the highly sought-after Spring Shadows community. This home has 4 bedrooms, 2 baths, and 2 car attached/detached garage. Formal living and dining rooms. White and bright kitchen with tile backsplash and breakfast bar. The spacious primary bedroom features a walk- in closet, an ensuite bath with double-sinks, and large shower. Beautifully landscaped backyard with covered patio and pool. No rear neighbors, excellent neighbors on either side and a park behind the house with gate access from backyard. PEX pipe 2020, roof 2019, electric panels 2020, 2017 A/C, 2020 water heater. Receiver, mounted speakers inside and out/ TV on patio Included. Outstanding location with easy access to the Beltway and I-10, just down the street from Memorial City Mall, City Center, and the Energy Corridor. NEVER FLOODED!!

Investor Tools

Property Icon
$511,000
Estimated Property Value
$395,275Estimated Mortgage Balance
$115,725Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,066 /month
Positive
Cash Flow Estimate:
$1,022 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
$361/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,496
$495,683
2025
$221,375
$274,308
$495,683
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,496
$495,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$433,675
No
First
Sep 22, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,275
$106,725
21%
77%
$2,601/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,962/mo
$-736/mo
5.2%

Learn About the Market: Opportunity in Houston

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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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2114 Elmgate Dr | Property Details | No Agent List