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$332,000

NAL Estimated Property Value

2122 Erastus Street, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,122 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.65 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size2,500 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1463610010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 (PR YR IMPS 2024*1463610010003) ERASTUS ESTATES
Census Tract211302
Assessment Year2025

About this property

What a great deal! Discover urban luxury in this newly constructed two-story home nestled in Houston. Boasting 3 bedrooms, 2.5 bathrooms, and 2122 square feet of meticulously designed living space, it embodies modern comfort and style. The heart of the home is the stunning waterfall quartz island, a focal point for gatherings and culinary creations. With sleek finishes and abundant natural light, each corner exudes warmth and sophistication. Experience the epitome of city living with this meticulously crafted residence, where every detail reflects contemporary elegance and urban convenience. Welcome home to Houston's vibrant lifestyle, redefined in this exquisite abode.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$322,383Estimated Mortgage Balance
$9,617Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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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
$1,465
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,465
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$334,400
No
First
May 8, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,383
$9,617
2%
97%
$2,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,005/mo
$-283/mo
6.2%

City: Houston

2122 Erastus Street | Property Details | No Agent List