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$5,757,000

NAL Estimated Property Value

23 Tiel Way, Houston, TX, 77019

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths8,430 Sq Ft
price_per_sqft$403.32 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Marble, Tile, Wood

Exterior

Lot Size17,637 sqft

Building Information

Year Built1990
Garage Spaces2

Land Information

APN0601590560032
Lot Number32
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 32 BLK 56 RIVER OAKS SEC 12
Census Tract411200
Assessed Land Value$1,360,200
Assessed Improvement Value$1,814,800
Assessment Year2025

About this property

Nestled within the prestigious River Oaks community, this residence represents the epitome of luxury living. Spanning over 8,000' of meticulously designed living space, this home sits on an expansive 17,635' lot. The interior seamlessly blends exquisite marble & rich hardwoods, creating an ambiance of timeless elegance & design. The double-height foyer, with its soaring ceilings, creates an awe-inspiring entrance, seamlessly introducing the formal dining room & the library that is interconnected to the family room, enhancing the flow of the home's grand layout. The gourmet kitchen is a chef's dream with a spacious Butler's pantry & elite appliances. Head upstairs to discover 5-6 well-appointed bedrooms. The primary suite is a true retreat with a sitting area, a lavish en-suite bathroom, & 2 walk-in closets. Beyond the interior, the exterior spaces are equally impressive, featuring meticulously landscaped gardens & a serene outdoor patio. Elevator, generator, 2-car garage.

Investor Tools

Property Icon
$5,757,000
Estimated Property Value
$0Estimated Mortgage Balance
$5,757,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$34,542 /month
Positive
Cash Flow Estimate:
$11,514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,767/month
$2,785/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,413
$3,175,000
2025
$1,360,200
$1,814,800
$3,175,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,413
$3,175,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$4,866,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,785/mo
+$555/mo
0.7%

Learn About the Market: Opportunity in Houston

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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 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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23 Tiel Way | Property Details | No Agent List