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$1,455,000

NAL Estimated Property Value

1321 Cheshire Ln, Houston, TX, 77018

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths1,555 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$321.48 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringWood

Exterior

Lot Size7,440 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN0731000140009
Lot Number9
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 9 BLK 31 OAK FOREST SEC 3
Census Tract531700
Assessed Land Value$483,120
Assessed Improvement Value$923,534
Assessment Year2025

About this property

Fantastic opportunity to build on a desirable street in Oak Forest! Being sold for lot value (no showings), this property is the stepping stone to the home of your dreams. Zoned to highly sought-after Oak Forest Elementary and moments from exciting new shopping and dining options!

Investor Tools

Property Icon
$1,455,000
Estimated Property Value
$736,606Estimated Mortgage Balance
$718,394Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,730 /month
Positive
Cash Flow Estimate:
$2,910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,847/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,888
$1,406,654
2025
$483,120
$923,534
$1,406,654
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,888
$1,406,654

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Home Mortgage Corp
Conventional
$766,550
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$736,606
$738,394
50%
51%
$4,596/mo

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1321 Cheshire Ln | Property Details | No Agent List