$241,000
8440 Elrod St, Houston, TX, 77017
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size1.21 acres
Building Information
Year Built1940
Stories1
Garage Spaces2
Land Information
APN0752390050001
Lot Number1
SubdivisionSam Houston Gardens
Land UseResidential
Legal DescriptionLT 1 BLK 5 SAM HOUSTON GARDENS
Census Tract320602
Assessed Land Value$276,099
Assessed Improvement Value$87,184
Assessment Year2025
About this property
Investment duplex property for sale sitting on over 1 acre lot. Property is being sold as-is. Great opportunity to invest and redevelop.
Investor Tools
$0Estimated Mortgage Balance
$363,283Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,180 /month
Positive
Cash Flow Estimate:
$727 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3
$363,283
2025
$276,099
$87,184
$363,283
No
Tax History
Year
Tax Paid
Assessed Value
2020
$3
$363,283
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$363,283
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
7.4%
