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Owner Contacts

$1,537,000

NAL Estimated Property Value

1407 Cheshire Ln, Houston, TX, 77018

Off Market

5 Beds

5 Bath

4,280 Sq Ft

$262.62 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size7,200 sqft

Building Information

Year Built2019

Stories1

Garage Spaces2

Land Information

APN0731000560028

Lot Number28

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 28 BLK 80 OAK FOREST SEC 9

Census Tract531700

Assessed Land Value$475,200

Assessed Improvement Value$834,842

Assessment Year2025

About this property

Live-streaming virtual open house Sunday (May 10) from 2:30-3PM followed by an on-site limited-access open house from 3-4 PM. Just completed and furnished 4280 square foot modern farmhouse by custom builder Jamestown Estate Homes. This home has everything including a HUGE (60'x42') backyard! The kitchen is made for entertaining and includes an impressive kitchen island and 64" fridge/freezer installed. French doors lead to the covered patio with Summer Kitchen installed! A first floor bedroom offers guests privacy, and its bath also opens to the expansive back yard, allowing it to also function as a pool bath. The second floor has a show-stopping master suite with a stunning "car wash" shower, two separated walk-in closets, and a flex space that can serve as a second study, gym, or nursery. The master suite also connects to the utility room for added convenience! Three additional bedrooms and a game room with snack bar complete this home. Zoned to Oak Forest Elementary!

Investor Tools

$1,537,000

Estimated Property Value

$3,719,233Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,222 /month

Positive

Cash Flow Estimate:

$3,074 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,471/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,969

$1,310,042

2025

$475,200

$834,842

$1,310,042

Tax History

Year

Tax Paid

Assessed Value

2024

$21,969

$1,310,042

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Manufacturers & Traders Trust Co

Purchase Money Mortgage

$4,161,000

First

Nov 6, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$3,719,233

N/A

242%

$24,948/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$24,948/mo

$-22,722/mo

1.7%

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