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$272,531

NAL Estimated Property Value

138 E Forest Ln, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,083 Sq Ft
price_per_sqft$129.14 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher

Exterior

Lot Size10,546 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN1167450020002
Lot Number2
SubdivisionWoodforest North
Land UseResidential
Legal DescriptionLT 2 BLK 2 WOODFOREST NORTH SEC 3
Census Tract233002
Assessed Land Value$72,653
Assessed Improvement Value$199,878
Assessment Year2025

About this property

Welcome home to E Forest in the Woodforest North subdivision in the North Shore area. This one story home comes with 3 beds and 2 full baths with a wide open concept layout and is ready for a new family to enjoy. This property is also conveniently located to multiple major highways, including proximity to downtown Houston. Come see this property today!

Investor Tools

Property Icon
$272,531
Estimated Property Value
$260,469Estimated Mortgage Balance
$12,062Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,635 /month
Positive
Cash Flow Estimate:
$545 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$425
$272,531
2025
$72,653
$199,878
$272,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$425
$272,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Stand Alone Second / Subordinate Position
$10,565
No
First
Jul 12, 2023
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,469
$12,062
4%
96%
$1,648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,648/mo
+$74/mo
7.6%

City: Houston

138 E Forest Ln | Property Details | No Agent List