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$199,900

1412 Orchid Street, Houston, TX, 77017

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,726 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.82 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringWood

Exterior

Lot Size10,951 sqft

Building Information

Year Built1945
Stories2
Garage Spaces1

Land Information

APN0610630170008
Lot Number7
SubdivisionForest Oaks
Land UseResidential
Legal DescriptionLT 7 & TR 8A BLK 17 FOREST OAKS
Census Tract321800
Assessed Land Value$87,755
Assessed Improvement Value$106,045
Assessment Year2025

About this property

Great investment opportunity! This 3-bedroom, 1.5-bath home with a 2-car garage is situated on a large 10,951 sq. ft. corner lot at the intersection of Oriole and Howard. Offering approximately 1,726 sq. ft. of living space, this property is ideal for investors, renovators, or buyers looking to add value through updates and improvements. The oversized corner lot provides excellent visibility and flexibility, with potential commercial use subject to buyer verification with local zoning and city requirements. Conveniently located with easy access to major roads, shopping, dining, and local amenities. Whether you're looking for your next renovation project, rental investment, or future business location, this property offers endless possibilities. Don't miss this unique opportunity to unlock the full potential of this corner-lot gem!

Investor Tools

Property Icon
$193,800
Estimated Property Value
$0Estimated Mortgage Balance
$21,948Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Teresa Martinez

Keller Williams Houston Central

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$283
$193,800
2025
$87,755
$106,045
$193,800
No

Tax History

Year
Tax Paid
Assessed Value
2020
$283
$193,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amber Tarvin
Assumption
$175,200
Yes
First
May 22, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,852
$21,948
11%
89%
$1,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,051/mo
+$671/mo
10.7%

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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1412 Orchid Street | Property Details | No Agent List