B+

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Owner Contacts

$3,043,346

NAL Estimated Property Value

805 Graceland St, Houston, TX, 77009

Off Market

3 Beds

3 Bath

2,428 Sq Ft

Single Family Residence

$247.08 / sqft

Built in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony

Lot Size11,609 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN0660640150024

Lot Number22,23

SubdivisionLindale Park

Land UseResidential

Legal DescriptionLTS 22 & 23 BLK 13 LINDALE PARK SEC 3

Census Tract210600

Assessed Land Value$706,967

Assessed Improvement Value$2,336,379

Assessment Year2025

About this property

Beautiful new construction home located 10 minutes north from Downtown Houston. This two-story single-family home has a beautiful kitchen with a walk-in pantry — with adjoining dining and living rooms and a half bath — making it ideal for gatherings with porch along with a great backyard space. This move-in ready home has a spectacular primary bathroom with its own standing tub, double sinks, shower, and a large walk-in closet. The game room is great for an office space and/or playroom for your fur babies or kids. There are also 2 bedrooms with a double vanity bathroom making it great for your family and friends to enjoy when visiting. There are vinyl plank flooring throughout (no carpet), stainless steel appliances, and plenty of natural light.

Investor Tools

$3,043,346

Estimated Property Value

$439,971Estimated Mortgage Balance

$2,603,375Estimated Equity

85% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$18,260 /month

Positive

Cash Flow Estimate:

$6,087 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$5,290/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$48,268

$3,043,346

2025

$706,967

$2,336,379

$3,043,346

Tax History

Year

Tax Paid

Assessed Value

2024

$48,268

$3,043,346

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$449,925

First

Feb 28, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$439,971

$2,603,375

85%

14%

$2,698/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,698/mo

$-976/mo

0.7%

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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