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$573,000

NAL Estimated Property Value

1037 Cheshire Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,151 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.52 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Terrazzo, Vinyl, Wood

Exterior

Lot Size8,751 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0993120000435
Lot Number435
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 435 BLK 13 SHEPHERD PARK PLAZA SEC 3
Census Tract530900
Assessed Land Value$336,000
Assessed Improvement Value$202,195
Assessment Year2025

About this property

This home offers an excellent opportunity to purchase in the highly desirable community of Shepherd Park Plaza! Located on a quiet, cul-de-sac street with mature trees, this custom-built 1-story classic mid-century traditional home offers a spacious floor plan with 3 bedrooms with large closets, 2 full baths, a large den with fireplace, both formal living areas, and an indoor utility room on an oversized lot. Key updates include double-pane windows, PVC plumbing, electrical panel, HVAC and ductwork. The new owners have the ability to personalize the kitchen and baths to suit their tastes. Shepherd Park Plaza Civic Association offers numerous fun activities throughout the year and constable patrol service. Zone to highly acclaimed HISD schools! Short walk to Shepherd Park and Durham Elementary. Strategically located off the 610 North at Ella Boulevard with easy access to the Houston Heights, Downtown, Memorial Park and Golf Course, the Energy Corridor and the Houston Galleria.

Investor Tools

Property Icon
$573,000
Estimated Property Value
$517,450Estimated Mortgage Balance
$55,550Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,672 /month
Positive
Cash Flow Estimate:
$1,224 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$936/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,361
$538,195
2025
$336,000
$202,195
$538,195
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,361
$538,195

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$522,000
No
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$517,450
$57,550
10%
90%
$3,130/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,480/mo
$-1,758/mo
3.6%

Learn About the Market: Opportunity in Houston

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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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1037 Cheshire Ln | Property Details | No Agent List