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A+
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$576,000

NAL Estimated Property Value

1011 Cheshire Ln, Houston, TX, 77018

$606,571 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.44 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,751 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0993130000423
Lot Number423
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 423 BLK 15 SHEPHERD PARK PLAZA SEC 3
Census Tract530900
Assessed Land Value$336,000
Assessed Improvement Value$219,000
Assessment Year2025

About this property

This charming five-bedroom home is a great opportunity to live in the highly desirable the Shepherd Park Plaza neighborhood. Upon entering, you'll find the large formal dining room and family room with a brick fireplace. The breakfast room is right off the living room. The primary bedroom is conveniently located downstairs, and the backyard includes a pool with ample green space. It's time to seize the opportunity to reimagine and renovate this older home to reflect your unique style.

Investor Tools

Property Icon
$576,000
Estimated Property Value
$0Estimated Mortgage Balance
$576,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$606,571
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,456 /month
Positive
Cash Flow Estimate:
$1,152 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,131
$555,000
2025
$336,000
$219,000
$555,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,131
$555,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$623,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$300/mo
+$1,926/mo
4.6%

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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1011 Cheshire Ln | Property Details | No Agent List