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$352,000

NAL Estimated Property Value

861 Rachel St Unit D, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size1,599 sqft

Building Information

Year Built2025
Garage Spaces1

Land Information

APN1478320010003
Lot Number3
Land UseResidential Single Family
Legal DescriptionLT 3 BLK 1 RACHEL RESERVE
Census Tract530800
Assessed Land Value$48,038
Assessment Year2025

About this property

Stunning new construction 3-level home offering 3 beds and 3.5 baths, located in a private gated community. From the moment you enter, you will notice the beautiful engineered wood flooring and tall ceilings that carry throughout the home. 1st level includes a 2 car garage, 1/2 bath. 2nd level serves as the main living area and features a gorgeous kitchen with a waterfall island and breakfast bar, gas range, stainless steel appliances, quartz countertops, undermount farm sink, and under-cabinet lighting. Kitchen opens seamlessly to the combined living and dining areas. Also located on this level is a private bedroom with a full ensuite bath. 3rd level offers secondary bed with its own ensuite bath, along with the impressive primary suite. Large primary bedroom has vaulted ceilings, and a spa-inspired ensuite bath w/dual sinks, a vanity, soaking tub, glass shower, and an expansive walk-in closet. Rare highlights of this property is the private, fully fenced backyard.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$0Estimated Mortgage Balance
$352,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$48,038
2025
$48,038
N/A
$48,038
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$48,038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$334,000
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
5.9%

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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861 Rachel St Unit D | Property Details | No Agent List