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Owner Contacts

$345,000

803 Knotty Elmwood Trl, Houston, TX, 77062

Off Market

3 Beds

2 Bath

1,871 Sq Ft

Single Family Residence

$181.19 / sqft

Built in 1988

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher

FlooringLaminate, Tile

Exterior

Lot Size9,509 sqft

Building Information

Year Built1988

Garage Spaces2

Land Information

APN1166590030014

Lot Number14

SubdivisionBay Knoll

Land UseResidential

Legal DescriptionLT 14 BLK 3 BAY KNOLL SEC 1

Census Tract340800

Assessed Land Value$69,308

Assessed Improvement Value$255,692

Assessment Year2025

About this property

Roof updated 9/2024 with Malarkey 40-year roof with Vista class 4 shingles. Welcome to this expansive single-story home, on an oversized lot in a charming community. Inside, find a thoughtfully designed space perfect to entertain or unwind. Enjoy low-maintenance laminate floors, built-in bar, multiple living/dining areas, crown molding, lofty ceilings & abundant natural light. The inviting living room features a cozy fireplace, flowing seamlessly into the bar & formal dining area. The open kitchen, ideal for meal prep, offers ample storage & charming breakfast nook, w/ an adjacent den/family room. The large owner's suite includes a lovely en-suite bath w/ double sinks, soaking tub, updated frameless shower & walk-in closet. 2 more well-sized bedrooms share another full bath. The private backyard is a true oasis w/ an oversized patio & plenty of yard space, all fully fenced for added privacy. This move-in-ready home is a must see!

Investor Tools

$345,000

Estimated Property Value

$260,000Estimated Mortgage Balance

$89,862Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,070 /month

Positive

Cash Flow Estimate:

$690 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$330/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,240

$325,000

2025

$69,308

$255,692

$325,000

Tax History

Year

Tax Paid

Assessed Value

2020

$2,240

$325,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

J S C Federal Credit Union

Conventional

$260,000

First

Nov 19, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$255,138

$81,862

24%

74%

$1,559/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,959/mo

$-237/mo

6.0%

Learn About the Market: Opportunity in Houston

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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.

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