$566,000
NAL Estimated Property Value1218 West Forest Drive, Houston, TX, 77043
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size6,094 sqft
Building Information
Year Built1990
Stories2
Garage Spaces2
Land Information
APN1117910000033
Lot Number33
SubdivisionWestwick
Land UseResidential
Legal DescriptionLT 33 BLK 8 WESTWICK SEC 1
Census Tract543202
Assessed Land Value$153,270
Assessed Improvement Value$381,730
Assessment Year2025
About this property
Highly Sought Out Location ~ Beautiful Updated 4 Bedroom ~ Primary Bedroom Downstairs~ 2 1/2 Bath Home in Westwick. The Home has been Recently Remodeled and Freshly Painted Throughout with NEW Light Fixtures and Crown Molding. Kitchen is Open to Family Room PERFECT for Entertaining. Home is Extremely Well Maintained with Recent Roof ~ A/C ~ Water Heaters and Garage Door. The Large Covered Back Porch with Built-in Gas Grill makes it perfect for a Summer night on the Patio. WELCOME HOME to 1218 West Forest Drive.
Investor Tools
$566,000
Estimated Property Value
$440,322Estimated Mortgage Balance
$125,678Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$825/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,718
$535,000
2025
$153,270
$381,730
$535,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,718
$535,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$456,000
No
First
Jun 25, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,322
$125,678
22%
78%
$2,734/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,559/mo
$-1,279/mo
4.8%
