B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$355,000

NAL Estimated Property Value

1207 Stonecrest Drive, Houston, TX, 77018

Off Market

3 Beds

2 Bath

1,128 Sq Ft

Single Family Residence

$314.72 / sqft

Built in 1954

Property Lead Type:

High EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating Central

AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size6,943 sqft

Building Information

Year Built1954

Stories1

Garage Spaces1

Land Information

APN0830940000220

Lot Number220

SubdivisionShepherd Forest

Land UseResidential

Legal DescriptionLT 220 BLK 12 SHEPHERD FOREST

Census Tract530200

Assessed Land Value$277,760

Assessed Improvement Value$41,039

Assessment Year2025

About this property

Nestled in the charming Shepherd Forest neighborhood, this ranch-style home boasts recent upgrades, including interior paint, refinished floors, updated plumbing, HVAC, and lighting. All appliances are included in the sale of your new home. Enjoy leisurely walks in the great neighborhood, with easy access to highways, restaurants, shops, and hospitals. While maintaining its original charm, this home offers the perfect canvas for cosmetic customization to reflect your personal style. This home is situated in Floodzone X, a designated area not prone to flooding, providing you with peace of mind when purchasing in Houston.

Investor Tools

$355,000

Estimated Property Value

$0Estimated Mortgage Balance

$355,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,130 /month

Positive

Cash Flow Estimate:

$710 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$494/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,154

$318,799

2025

$277,760

$41,039

$318,799

Tax History

Year

Tax Paid

Assessed Value

2024

$4,154

$318,799

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$355,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

5.8%

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.

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