$355,000
NAL Estimated Property Value4008 Elser St, Houston, TX, 77009
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher
Exterior
Lot Size1,960 sqft
Building Information
Year Built2022
Garage Spaces1
Land Information
APN1451700010004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 1 ELSER PARK
Census Tract210500
Assessed Land Value$83,735
Assessed Improvement Value$264,635
Assessment Year2025
About this property
Northside's newest community, Elser Park offers a variety of living options and floor plans. First to arrive are free-standing two story homes with private driveways which come with either 1st or 2nd floor living. Enjoy the open space living with sleek and modern finishes throughout. Each of the homes are two bedroom with a flex space to easily add a 3rd bedroom. All units also feature a home office space, great for working from home with upgrade options available for built-in desks and cabinetry. Call today for more information about Elser Park!
Investor Tools
$355,000
Estimated Property Value
$331,144Estimated Mortgage Balance
$23,856Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$1,095/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,223
$348,370
2025
$83,735
$264,635
$348,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,223
$348,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$353,479
Yes
First
Dec 16, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,144
$23,856
6%
93%
$2,120/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,215/mo
$-1,908/mo
4.4%
