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$161,000

8033 Elrod St, Houston, TX, 77017

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,245 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.48 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,901 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN0591810150026
Lot Number26
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionLT 26 BLK 44 MEADOWBROOK SEC D
Census Tract320602
Assessed Land Value$57,750
Assessed Improvement Value$90,697
Assessment Year2025

About this property

Charming 2-4 bed, 1 bath home on a spacious lot in a desirable area. Recently updated with fresh paint and new carpet. This home also features 2 extra flex rooms, which can easily be converted into additional bedrooms, making it a potential 4-bedroom home. Ready for your personal touch to make it shine. Sold as is, perfect for investors or DIY enthusiasts. Don't miss out on this opportunity for immediate closing/showings. 3D tour available!

Investor Tools

Property Icon
$161,000
Estimated Property Value
$133,500Estimated Mortgage Balance
$28,655Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,039
$148,447
2025
$57,750
$90,697
$148,447
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,039
$148,447

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Lending Group Llc
Conventional
$133,500
No
First
Feb 19, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,345
$25,655
16%
82%
$1,074/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,074/mo
+$233/mo
9.7%

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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8033 Elrod St | Property Details | No Agent List