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$460,911

2403 Elmgate Dr, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.09 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,625 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1020990000009
Lot Number9
SubdivisionSpring Shadows
Land UseResidential
Legal DescriptionLT 9 BLK 20A SPRING SHADOWS SEC 11
Census Tract522102
Assessed Land Value$217,781
Assessed Improvement Value$243,130
Assessment Year2025

About this property

This one story home offers 3 bedrooms, 2 bathrooms, and a POOL all located on a peaceful corner lot and cul-de-sac street with mature shade trees! The grand double door entrance welcomes your guests and flows through to the living room with double sliding doors overlooking the pool. The kitchen features granite countertops, a breakfast nook, and nearby is the formal dining room, ideal for everyday meals or entertaining guests. The spacious living area centers around a gas-log fireplace, creating a warm inviting atmosphere for relaxing. The primary suite provides a private retreat with outdoor access, walk-in closet, and an en-suite bathroom. Step outside to enjoy the covered patio and the sparkling pool and spa, perfect for year-round delight! The oversized detached garage includes a workshop area with storage and space for projects. Located close to Houston’s best restaurants, shopping, and entertainment. This home blends comfort and convenience. Schedule your showing today!

Investor Tools

Property Icon
$460,911
Estimated Property Value
$0Estimated Mortgage Balance
$460,911Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,765 /month
Positive
Cash Flow Estimate:
$922 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$838
$460,911
2025
$217,781
$243,130
$460,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$838
$460,911

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$460,911
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$363/mo
+$1,359/mo
4.5%

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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