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$485,000

NAL Estimated Property Value

1231 Stonecrest Drive, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.08 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,967 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0830940000226
Lot Number226
SubdivisionShepherd Forest
Land UseResidential
Legal DescriptionLT 226 BLK 12 SHEPHERD FOREST
Census Tract530200
Assessed Land Value$299,700
Assessed Improvement Value$65,300
Assessment Year2025

About this property

Nestled in Shepherd Forest, this charming beautifully landscaped, lovingly maintained 3-bedroom, 2-bath home offers a bright, open floorplan designed for comfortable living and easy entertaining. The spacious living and dining areas flow seamlessly into the kitchen, creating an inviting atmosphere for gatherings. Step outside to a large covered patio—perfect for year-round entertaining—overlooking a spacious backyard. An oversized detached 2-car garage provides ample storage and includes a versatile workshop which is insulated and has an AC unit for those warmer days. Can be used as a flex space ideal for hobbies, a home gym, or additional workspace. So close to all Houston has to offer in close proximity to downtown, The Medical Center and The Galleria. Walking distance to local hot spots including The Stomping Grounds, Walking Stick, D'Alba and so much more. A must see. Schedule your tour today.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$89,524Estimated Mortgage Balance
$395,476Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,765
$365,000
2025
$299,700
$65,300
$365,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,765
$365,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iwayloan Lp
Unknown
$134,400
No
First
Jan 12, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,524
$395,476
81%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.3%

City: Houston

1231 Stonecrest Drive | Property Details | No Agent List