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$241,000

NAL Estimated Property Value

14123 Woodforest Blvd, Houston, TX, 77015

$257,816 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,034 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.08 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Tile

Exterior

Lot Size8,878 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN0960630000001
Lot Number1
SubdivisionWoodforest
Land UseResidential
Legal DescriptionLT 1 BLK 40 WOODFOREST SEC 6
Census Tract233003
Assessed Land Value$65,500
Assessed Improvement Value$133,795
Assessment Year2025

About this property

Nestled at the corner, this home presents a fantastic opportunity for an owner-occupant to purchase a home with instant equity. While it needs some work, this property offers substantial equity compared to remodeled homes in the area. It's perfectly livable as is, & any projects you choose to undertake can be done out of desire, not necessity. The spacious kitchen features granite countertops & tons of storage. Breakfast bar offers a casual spot for morning coffee. You'll enjoy the spacious bedrooms this house has to offer. Outside, the back patio and yard beckon with endless possibilities for outdoor entertaining and relaxation. A detached garage, discreetly nestled at the rear, provides ample space for parking and storage while maintaining the integrity of the main dwelling. With its perfect blend of comfort, functionality, and style, this corner-lot retreat offers a sanctuary to call home, along with the chance to build instant equity through your personal touch.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$64,050Estimated Mortgage Balance
$176,950Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$257,816
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$247
$199,295
2025
$65,500
$133,795
$199,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$247
$199,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Specialty Homes Lp
Non-Purchase Money Mortgage / Home Equity
$65,000
No
First
Jul 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,050
$176,950
73%
27%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$690/mo
+$1,032/mo
8.6%

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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14123 Woodforest Blvd | Property Details | No Agent List