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$669,999

850 Elkhart Street D/E, Houston, TX, 77091

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,182 Sq Ft
price_per_sqft$210.56 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Vinyl Plank, Carpets

Exterior

Lot Size1,703 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1459420010011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 1 HIGHLAND HEIGHTS TERRACE
Census Tract530800
Assessed Land Value$48,357
Assessed Improvement Value$277,780
Assessment Year2024

About this property

A Turnkey Investment in One of Houston’s Most Promising Employment and Development Areas. Purchase one or both of these identical gated townhomes completed in 2024. Each home gives you 1,591 sq. ft. with 3 bedrooms, 2.5 baths, soaring ceilings, and luxury vinyl plank flooring throughout. The kitchen stands out with a huge quartz island, stainless steel appliances, and gas cooking. Upstairs, the primary suite has a spa-like bath with a freestanding soaking tub, oversized shower, and walk-in closet. Plus, each home has a private 2-car garage with EV charger.(Electric Car) Unit D is currently leased, providing immediate rental income. Unit E is a successful Airbnb with documented financials available upon request and may be purchased fully furnished. Ideal for investors, owner-occupants, house hackers, or multi-generational living. Minutes from Oak Forest, The Heights, major employers, shopping, dining, airports, and Houston’s expanding Apple/Foxconn/Nvidia manufacturing corridor.

Investor Tools

$0Estimated Mortgage Balance
$326,137Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,020 /month
Positive
Cash Flow Estimate:
$1,340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
$2,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,439
$326,137
2024
$48,357
$277,780
$326,137
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,439
$326,137

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,137
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,800/mo
$-1,078/mo
6.3%

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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