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$499,000

1218 Shadeland Dr, Houston, TX, 77043

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.67 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood, Vinyl

Exterior

Lot Size9,121 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0890650000012
Lot Number12
SubdivisionWildewood Forest
Land UseResidential
Legal DescriptionLT 12 BLK 2 WILDEWOOD FOREST
Census Tract522401
Assessed Land Value$243,000
Assessed Improvement Value$242,407
Assessment Year2025

About this property

Welcome home to 1218 Shadeland Dr! Tucked into the beloved tree-lined streets of Shadow Oaks, this beautifully remodeled 3-bed, 2-bath charmer blends timeless character with fresh, modern updates. Taken down to the studs in 2024 with new roof, plumbing, water heater, etc; it's move-in ready and worry-free. Inside, enjoy a bright family room, formal dining framed by floor-to-ceiling windows, a dedicated home office, and a showpiece kitchen with quartz counters, brass hardware, a farmhouse sink, and stainless appliances. Retreat to the serene primary suite with double sinks and a spacious shower. Out back, a generous 9,000+ sq ft lot with no rear neighbors offers room to play and gather. Minutes from I-10 and Beltway 8 for an easy commute, plus HEB, Costco, Memorial City, and CityCentre right around the corner; with even more dining and retail on the way. A friendly neighborhood, a fresh start, endless upside. Come see it before it's gone!

Investor Tools

$400,812Estimated Mortgage Balance
$84,595Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,753
$485,407
2025
$243,000
$242,407
$485,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,753
$485,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Conventional
$413,100
No
First
Nov 12, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,812
$84,595
17%
83%
$2,477/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$2,477/mo
$-707/mo
4.4%

City: Houston