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$1,375,000

1217 Chippendale Rd, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,643 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$377.44 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Wine Refrigerator, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size7,902 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN0730990070029
Lot Number29
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 29 BLK 7 OAK FOREST SEC 1
Census Tract531100
Assessed Land Value$460,550
Assessed Improvement Value$731,226
Assessment Year2025

About this property

Beautifully appointed residence in highly coveted Oak Forest with inviting curb appeal, on a prime street, thoughtfully designed for entertaining & everyday comfort. Reimagined front yard. Whole home generator & newer HVACs ('24) for peace of mind. Fabulous resort-style backyard showcases a sparkling pool, cabana w/a bar PLUS a summer kitchen, pool bath & a maintenance-free turfed yard; offering year round outdoor enjoyment! Formal dining room. Private study. Chef’s kitchen features an oversized island, double ovens, breakfast bar & a breakfast nook; seamlessly connects to a spacious sun-filled family rm w/ a fireplace flanked by built-ins. Serving bar area w/ "nutty" ice maker opens to main living spaces. Desirable 1st floor primary w/ spa-inspired bath w/separate tub, large shower, & huge walk-in closet. A game room PLUS a flex room AND 3 guest beds w/ 2 baths complete the 2nd floor. Incredible location: Walking distance to sought after Oak Forest Elementary & OF park. A must see!

Investor Tools

$690,818Estimated Mortgage Balance
$500,958Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,250 /month
Positive
Cash Flow Estimate:
$2,750 /month

Interested in this property?

Rachel Conkling

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,613
$1,191,776
2025
$460,550
$731,226
$1,191,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,613
$1,191,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$799,200
No
First
Oct 7, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$690,818
$665,182
49%
58%
$4,792/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$4,792/mo
$-2,566/mo
2.2%

Learn About the Market: Opportunity in Houston

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Explore

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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