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$242,000

NAL Estimated Property Value

1403 Oakengates Dr, Houston, TX, 77015

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.64 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size7,684 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1078120000001
Lot Number1
SubdivisionSterling Green
Land UseResidential
Legal DescriptionLT 1 BLK 7 STERLING GREEN SEC 1 R/P B
Census Tract252304
Assessed Land Value$41,945
Assessed Improvement Value$199,111
Assessment Year2025

About this property

Don't miss this beautifully renovated 4 bed, 2 bath home in Houston, TX. Featuring new quartz countertops, brand new appliances, new fixtures, new paint, recessed lighting, brand new LVT flooring and brand new carpet. Situated on a corner lot at the front of the subdivision, offering privacy. The house is wheel chair accessible in the front entrance. Also there is a privacy entrance that is gated. Conveniently located near Beltway 8, I-10, Buffalo Bayou, and Channelview. Just a short 30-minute drive from Downtown Houston and close to Urgent Care hospitals. This property is a must-see!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$228,730Estimated Mortgage Balance
$13,270Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$123
$241,056
2025
$41,945
$199,111
$241,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$123
$241,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$235,000
No
First
Nov 26, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,730
$12,326
5%
95%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,679/mo
+$547/mo
11.0%

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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1403 Oakengates Dr | Property Details | No Agent List