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$408,000

NAL Estimated Property Value

1126 Forest Home Dr, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,927 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.23 / sqft
Year BuiltBuilt in 1975

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
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,776 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1079060000017
Lot Number17
SubdivisionBriarhills
Land UseResidential
Legal DescriptionLT 17 BLK 2 BRIARHILLS SEC 1
Census Tract451604
Assessed Land Value$127,050
Assessed Improvement Value$213,153
Assessment Year2025

About this property

Spacious with plenty of natural light. This 3 bedroom, 2/1 bath home with gameroom and secret room are located in the heart of the Energy Corridor. The kitchen was recently updated in July 2021 with new tile floors, granite counters and subway backsplash. The dining room has new laminate wood floors (July 2021). The living room has wood-like tile floors, recessed lighting, wet bar & a fireplace. There are wood-like tile floors, high ceiling, built-in desk, recessed lighting, a ceiling fan & sitting area with fireplace in the master suite. The master bathroom features double sinks, granite counters (July 2021), recessed lighting, wood-like tile floors, & a tub+shower duo. All new carpet upstairs was recently installed in July 2021 in the secondary bedrooms, game room & extra room. New roof, windows & doors were replaced in 2018. The secondary bathroom has wood-like tile floors, double sinks, tub and shower duo. There is a nice size patio and plenty of green space. Home did NOT flood.

Investor Tools

Property Icon
$408,000
Estimated Property Value
$325,659Estimated Mortgage Balance
$82,341Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,738
$340,203
2025
$127,050
$213,153
$340,203
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,738
$340,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$353,958
Yes
First
Feb 21, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,659
$67,341
17%
80%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,923/mo
$-693/mo
6.6%

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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1126 Forest Home Dr | Property Details | No Agent List