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$714,000

NAL Estimated Property Value

538 W 23rd Street, Houston, TX, 77008

$735,217 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,377 Sq Ft
price_per_sqft$344.97 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Microwave, Gas Cooktop, Dishwasher
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size3,276 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN0200500000066
Lot Number21
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 21 BLK 54 HOUSTON HEIGHTS
Census Tract511501
Assessed Land Value$311,125
Assessed Improvement Value$402,875
Assessment Year2025

About this property

Immaculate Sullivan Brothers home in the heart of Houston Heights with a perfect floor plan for both living & entertaining. Upon entry, notice the attention to detail with oak hardwood floors, gorgeous wainscoting, double pocket doors in front living room/study plus a true butlers' pantry off the dining room. Chef's kitchen features a stainless five burner cooktop with downdraft vent, porcelain apron sink & gorgeous stone countertops. Generously sized den includes gas fireplace, tasteful built-ins & shuttered windows ensuring perfect natural light. Primary bedroom has a vaulted ceiling & private balcony overlooking the back yard. Ensuite primary bath has dual sinks, frameless glass shower & elegant clawfoot tub. Secondary bedrooms are both upstairs with one allowing access to the front balcony. Oversized two car garage conveniently accessible from a fully paved alley. Just a short walking distance to HEB for groceries, amazing local restaurants/cafés & the Heights Hike & Bike trail.

Investor Tools

Property Icon
$714,000
Estimated Property Value
$672,755Estimated Mortgage Balance
$41,245Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$735,216
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,920 /month
Positive
Cash Flow Estimate:
$1,640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,745
$714,000
2025
$311,125
$402,875
$714,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,745
$714,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$701,250
No
First
Feb 21, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$672,755
$41,245
5%
94%
$4,205/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,205/mo
$-1,975/mo
3.7%

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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538 W 23rd Street | Property Details | No Agent List