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$726,000

NAL Estimated Property Value

1038 Cheshire Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,066 Sq Ft
price_per_sqft$302.47 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,751 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0993120000444
Lot Number444
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 444 BLK 13 SHEPHERD PARK PLAZA SEC 3
Census Tract530900
Assessed Land Value$336,000
Assessed Improvement Value$364,000
Assessment Year2025

About this property

Relax, you've found it! This lovely 3-bedroom, 2-bathroom home is a remarkable find within the highly desirable Shepherd Park Plaza area and is nestled in the middle of the neighborhood on a quiet cul-de-sac with the neighborhood "climbing tree". The interior embraces you with hardwoods, abundant natural lighting, and a wood burning fireplace that serves as the focal point in the living room. Expansive kitchen is open to living and features granite countertops, stainless appliances, double ovens and your own pot filler. The serene primary bedroom includes a walk-in closet. The other two bedrooms have ample storage and walk in closets. Additional rooms to serve as office area, dining, game room, sitting area or more. Laundry has a ton of storage and built in shelving. Detached two-car garage is air conditioned and perfect for home gym/workshop/rec room.

Investor Tools

Property Icon
$726,000
Estimated Property Value
$457,721Estimated Mortgage Balance
$268,279Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,356 /month
Positive
Cash Flow Estimate:
$1,452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,214/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,932
$700,000
2025
$336,000
$364,000
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,932
$700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$491,200
No
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,721
$248,279
35%
63%
$2,945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,980/mo
$-1,258/mo
2.8%

City: Houston

1038 Cheshire Ln | Property Details | No Agent List