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$359,000

2307 Elmgate Dr, Houston, TX, 77080

$368,628 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.7 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,701 sqft

Building Information

Year Built1970
Garage Spaces2

Land Information

APN1020980000025
Lot Number25
SubdivisionSpring Shadows
Land UseResidential
Legal DescriptionLT 25 BLK 19A SPRING SHADOWS SEC 11
Census Tract522102
Assessed Land Value$217,525
Assessed Improvement Value$170,240
Assessment Year2025

About this property

FORMAL LIVING AND DINING, LARGE FAMILY ROOM, COZY CENTER FIREPLACE, WITH A GALLEY KITCHEN. THE PRIMARY IS DOWN AND THERE IS A HALF BATH DOWN TOO. UPSTAIRS GAMEROOM AND THREE BEDROOMS. lARGE SECONDARY BATH. tHIS HOME IS READY FOR YOUR FINISHING TOUCHES. This is two estates please pardon any mess, just clearing things out. This home has super potential.

Investor Tools

$0Estimated Mortgage Balance
$439,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$368,628
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

Interested in this property?

Therese Landa

Houstonian Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$171
$387,765
2025
$217,525
$170,240
$387,765
No

Tax History

Year
Tax Paid
Assessed Value
2024
$171
$387,765

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$439,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$375/mo
+$1,851/mo
6.1%

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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