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$1,440,000

NAL Estimated Property Value

1238 Wakefield Dr, Houston, TX, 77018

$1,447,186 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,367 Sq Ft
price_per_sqft$306.82 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Double Oven, Microwave, Free-Standing Range, Dishwasher, Refrigerator
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,462 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN0730990040038
Lot Number38
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 38 BLK 4 OAK FOREST SEC 1
Census Tract531100
Assessed Land Value$447,130
Assessed Improvement Value$946,162
Assessment Year2025

About this property

Stunning home located in highly desirable Oak Forest and zoned to Oak Forest Elementary is a must see! Elegant construction with attention to detail and quality finishes features an illuminating floor plan with wide plank oak floors, beautiful millwork, first floor living surrounding a courtyard with custom heated pool and travertine patio. The welcoming entry is flanked by study with custom millwork and built-ins, large living room with tray ceiling, and dining room with custom wainscoting and designer wall coverings. The gourmet kitchen features Carrara marble countertops and massive island, furniture quality cabinets, cabinet front Sub-Zero refrigerator, professional Wolf range, double ovens and microwave. Large family room with vaulted ceiling, heavy wood beams, and floor to ceiling limestone fire place. Primary bedroom and bath with vaulted ceiling, Carrara marble counters, floors, shower and tub surround, and Kohler VibroAcoustic Hydrotherapy tub. Elevator capable.

Investor Tools

Property Icon
$1,440,000
Estimated Property Value
$1,096,066Estimated Mortgage Balance
$343,934Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,447,186
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,640 /month
Positive
Cash Flow Estimate:
$2,880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,172
$1,393,292
2025
$447,130
$946,162
$1,393,292
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,172
$1,393,292

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Gibraltar Group Mortgage Llc
Conventional
$1,119,136
No
First
Mar 6, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,096,066
$353,934
24%
76%
$6,710/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$6,710/mo
$-4,484/mo
1.9%

City: Houston

1238 Wakefield Dr | Property Details | No Agent List