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$1,482,000

NAL Estimated Property Value

1418 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,574 Sq Ft
price_per_sqft$257.76 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size7,566 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APN0731000060032
Lot Number32
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 32 BLK 24 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$450,302
Assessed Improvement Value$834,727
Assessment Year2025

About this property

This NEW Quintessa Home features 4 bedrooms 4.5 baths with a beautiful wide staircase, 20 ft ceilings, a first floor Study, Wine Room and Master Suite. Second floor features 3 secondary bedrooms, 3 full baths, Game Room, Flex/Media Room and a large seasonal storage room. High-end finishes include a custom Wine Room enclosed in steel and glass, custom Kent Moore cabinetry and high-end countertops throughout the home. Kitchen features a large kitchen island, under cabinet lighting, under cabinet outlets and a high-end appliance package including: a 48" Wolf Gas Range, 42" SubZero Fridge, KitchenAid warming drawer, a built in Bosch coffee maker & so much more! Home also offers a full front yard sprinkler system, WiFi Mesh Ready, alarm pre-wire, Media Room 7.1 Prewire, Home automation pre-wire and speaker pre-wire. Large, pool ready backyard includes a deep covered back porch with an OPTIONAL outdoor kitchen.

Investor Tools

Property Icon
$1,482,000
Estimated Property Value
$1,038,331Estimated Mortgage Balance
$443,669Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,892 /month
Positive
Cash Flow Estimate:
$2,964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,383
$1,285,029
2025
$450,302
$834,727
$1,285,029
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,383
$1,285,029

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$1,164,000
No
First
Oct 14, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,038,331
$546,669
34%
70%
$6,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$6,979/mo
$-4,753/mo
1.8%

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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1418 Althea Dr | Property Details | No Agent List