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Owner Contacts

$498,000

NAL Estimated Property Value

1402 Shadeland Dr, Houston, TX, 77043

Off Market

3 Beds

2 Bath

2,275 Sq Ft

Single Family Residence

$208.79 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher

Exterior

Lot Size10,036 sqft

Building Information

Year Built1955

Stories1

Garage Spaces1

Land Information

APN0831550000001

Lot Number1

SubdivisionShadow Oaks

Land UseResidential

Legal DescriptionLT 1 BLK 3 SHADOW OAKS

Census Tract522401

Assessed Land Value$255,326

Assessed Improvement Value$209,307

Assessment Year2025

About this property

This home is picturesque with rustic & modern charm! The large redesigned open floor plan offers a walk-in pantry, s/s/appliances, grand kitchen w/mahogany open shelves, quartz counter tops, custom cabinets built onsite & an oversize island. Home was completely updated in 2021 w/electrical, new sewer lines to master bathroom & kitchen, PEX plumbing, added insulation, windows, A/C ducts & pre-wired w/security alarm/data. Master bathroom w/vaulted ceiling & 2 master closets were added in Aug/2021. Back porch offers a unique vaulted ceiling w/recesses lighting. Detached garage was built in Dec/2022. This is a large corner lot.

Investor Tools

$498,000

Estimated Property Value

$0Estimated Mortgage Balance

$498,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,988 /month

Positive

Cash Flow Estimate:

$996 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$545/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,054

$464,633

2025

$255,326

$209,307

$464,633

Tax History

Year

Tax Paid

Assessed Value

2024

$4,054

$464,633

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$484,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

N/A

+$2,280/mo

5.5%

Learn About the Market: Opportunity in Houston

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