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$450,000

1023 Forest Home Dr, Houston, TX, 77077

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,110 Sq Ft
price_per_sqft$213.27 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size5,776 sqft

Building Information

Year Built1976
Garage Spaces2

Land Information

APN1079080000027
Lot Number27
SubdivisionBriarhills
Land UseResidential
Legal DescriptionLT 27 BLK 4 BRIARHILLS SEC 1
Census Tract451604
Assessed Land Value$127,050
Assessed Improvement Value$180,268
Assessment Year2025

About this property

Welcome to the FULLY RENOVATED 1023 Forest Home Dr. The centerpiece of this home is the brand new kitchen with a huge island, pull-out shelves and farmhouse sink that opens to the dining and living areas. This layout offers inviting spaces filled with natural light and easily flows throughout, aided by 2 short hallways. One connects to the 3 secondary bedrooms, shared bath, and utility room with its own sink. The other leads to the 1/2 bath and secluded primary bedroom with its gorgeous ensuite bathroom. It also includes multiple walk-in closets. You'll also feel secure with the high-end American Standard HVAC system, solid roof, and gas powered Whole House Generator. Located in the sought-after Briar Hills subdivision, just yards from the beautiful Briar Hills Clubhouse, pool, tennis courts and playground, with easy access to hwy 6 and I-10, A+ rated schools, and great shopping and dining, YOU WILL LOVE THIS COMMUNITY! WELCOME HOME!

Investor Tools

$299,812Estimated Mortgage Balance
$150,678Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Gregg Engle

RE/MAX Signature

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,203
$307,318
2025
$127,050
$180,268
$307,318
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,203
$307,318

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barbara S Wood
Stand Alone Second / Subordinate Position
$312,000
No
First
Mar 21, 2024
Apr 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,812
$89,188
22%
67%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,971/mo
$-741/mo
5.9%

City: Houston