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$921,000

NAL Estimated Property Value

1308 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$370.79 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Washer
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Lot Size7,322 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN0730990030042
Lot Number42
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 42 BLK 3 OAK FOREST SEC 1
Census Tract531100
Assessed Land Value$442,860
Assessed Improvement Value$457,140
Assessment Year2025

About this property

Architectural custom contemporary with a gorgeous pool in desirable Oak Forest! Significant deck area around pool for entertaining and generous grassy area for play. Primary bedroom + study down and 2 additional bedrooms up. Approximately 7300 sf lot. Updates:include new Induction cooktop, exterior paint, and pool. Special Features include: kitchen open to the Den, granite countertops, stained concrete floors downstairs, a galvanized finish standing seam metal roof with ice and water shield barrier, Icynene spray foam insulation which works beautifully with high efficiency HVAC with air intake system that works in combination to provide a comfortable indoor environment all year long. Mid block location! Oak Forest Elementary (Independently Verify Availability) tops off the reasons why this house is so special!

Investor Tools

Property Icon
$921,000
Estimated Property Value
$698,582Estimated Mortgage Balance
$222,418Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,526 /month
Positive
Cash Flow Estimate:
$1,842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,977
$900,000
2025
$442,860
$457,140
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,977
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$720,000
No
First
Sep 21, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$698,582
$228,418
24%
76%
$4,317/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,317/mo
$-2,595/mo
2.2%

City: Houston

1308 Althea Dr | Property Details | No Agent List