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$280,000

864 Rachel Street C, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.86 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size2,034 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1419280010011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 1 RACHEL HEIGHTS
Census Tract530800
Assessed Land Value$49,392
Assessed Improvement Value$220,133
Assessment Year2025

About this property

LAST ONE! This thoughtfully designed modern farmhouse blends clean architecture with modern finishes, creating a home that feels both timeless and fresh. The striking black-and-white exterior, attached garage, and inviting covered balcony immediately set the tone. Inside, expect an open-concept layout designed for real life. Bright living spaces, high ceilings, and a floorplan that balances functionality with style. Rachel Heights is perfectly positioned if you are looking for accessibility and value. With quick connectivity to Downtown Houston, The Heights, Oak Forest, and major commuter routes, this location continues to attract attention as Highland Heights transforms around it. AirBNB friendly as well!

Investor Tools

Property Icon
$280,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,967
$269,525
2025
$49,392
$220,133
$269,525
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,967
$269,525

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$120/mo
+$1,602/mo
7.4%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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