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$205,000

1114 Forestburg Dr, Houston, TX, 77038

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,202 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.1 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete, Tile

Exterior

Lot Size6,447 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1030740000452
Lot Number452
SubdivisionFallbrook
Land UseResidential
Legal DescriptionLT 452 BLK 15 FALLBROOK SEC 1
Census Tract533702
Assessed Land Value$32,664
Assessed Improvement Value$252,787
Assessment Year2025

About this property

1114 Forestburg Dr is a one-story Houston home with a separate backyard building and a patio shaded by mature trees. Broad branches extend over the outdoor seating area, and double doors connect the patio directly to the main living space. Inside, arched openings link distinct living and dining areas, providing both connection and separation. The adjoining galley kitchen places counters and cabinetry on both sides, with a gas range and refrigerator close to the dining area. A built-in desk with drawers and open shelving provides a dedicated workspace with storage for supplies. Beyond the main residence, the separate building has its own entrance facing the backyard. An attached garage provides parking and shelving for tools and additional storage. Included 100-Day Home Warranty with buyer activation

Investor Tools

$65,175Estimated Mortgage Balance
$220,276Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,713 /month
Positive
Cash Flow Estimate:
$571 /month

Interested in this property?

Amber Broadway

Opendoor Brokerage, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,571
$285,451
2025
$32,664
$252,787
$285,451
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,571
$285,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Teodoro C Castelo Etal
Unknown
$90,200
No
First
Apr 4, 2014
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,175
$220,276
77%
23%
$541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$541/mo
+$1,685/mo
9.4%

City: Houston

1114 Forestburg Dr | Property Details | No Agent List