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$480,446

NAL Estimated Property Value

4318 Water Elm Way, Houston, TX, 77059

$487,021 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.37 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,749 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1185450020002
Lot Number2
SubdivisionPine Brook
Land UseResidential
Legal DescriptionLT 2 BLK 2 PINE BROOK SEC 7
Census Tract340302
Assessed Land Value$96,740
Assessed Improvement Value$383,706
Assessment Year2025

About this property

Beautiful 2-story home located in pine brook subdivision. High ceiling living area with hardwood floors. Large kitchen with island. Fresh paint through house. New carpet in master bedroom. Home office with French doors. Large game room and 3 bedrooms are located on second floor. Popular Village Arlington Plan. Fenced back yard with spectacular tropical pool. Remote controlled wrought iron driveway gate. Community has tennis court, public pool. Downstairs AC -Jul 2022, Upstairs AC 2018, recent replaced water heater. New garage door opener

Investor Tools

Property Icon
$480,446
Estimated Property Value
$329,177Estimated Mortgage Balance
$151,269Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$487,021
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,883 /month
Positive
Cash Flow Estimate:
$961 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
$490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,141
$480,446
2025
$96,740
$383,706
$480,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,141
$480,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Trust Bank
Conventional
$352,000
No
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,177
$151,269
31%
69%
$2,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,601/mo
+$739/mo
8.3%

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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4318 Water Elm Way | Property Details | No Agent List