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$231,000

NAL Estimated Property Value

8023 Elbert St, Houston, TX, 77028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.13 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,448 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN0731320030002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 ROSEWOOD ESTATES SEC 2 3RD PAR R/P
Census Tract230800
Assessed Land Value$30,521
Assessed Improvement Value$190,612
Assessment Year2025

About this property

Charming 2-story new construction by Reverie Homes features 3 beds, 2.5 baths. The floor plan offers a spacious open concept living area that flows into the dining room and overlooks the kitchen. The 1st floor has a beautiful wood tone vinyl plank throughout. The kitchen boasts a neutral modern style; featuring white shaker cabinets, granite counter tops and subway tile. The breakfast bar provides additional seating too. Upstairs you'll find all 3 bedrooms and a spacious landing nook which can serve as a study! The 1 car garage garage and private drive offer plenty of parking space. Why rent? When you can own your home instead!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,862
$221,133
2025
$30,521
$190,612
$221,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,862
$221,133

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.9%

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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8023 Elbert St | Property Details | No Agent List