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$1,504,453

NAL Estimated Property Value

1216 S Shepherd Dr, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$374.7 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony
Lot Size6,791 sqft

Building Information

Year Built1936
Garage Spaces1

Land Information

APN0601560500025
Lot Number25
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 25 BLK 50 RIVER OAKS SEC 3
Census Tract411100
Assessed Land Value$526,225
Assessed Improvement Value$978,228
Assessment Year2025

About this property

Classic River Oaks home with modern updates and hardwood floors thru out. This home has a beautiful updated island kitchen, Kitchen-Aide appliance package, granite and custom cabinets. The home features 2 living areas, a sun room and large covered patio that is great for entertaining. The large master suite has hardwood floors thru out and updated master bathroom with traverntine tiles, a large private balcony overlooking the yard. This home is zoned to River Oaks Elementary school, Lanier middle school and Lamar high school. This one will sell fast.

Investor Tools

Property Icon
$1,504,453
Estimated Property Value
$789,235Estimated Mortgage Balance
$715,218Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,027 /month
Positive
Cash Flow Estimate:
$3,009 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,035/month
$1,900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,899
$1,504,453
2025
$526,225
$978,228
$1,504,453
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,899
$1,504,453

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Open End Mortgage / Open End With Future Advance Clause
$795,000
No
First
Dec 2, 2025
Dec 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$789,235
$715,218
47%
52%
$4,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$6,667/mo
$-3,327/mo
2.7%

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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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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1216 S Shepherd Dr | Property Details | No Agent List