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$1,649,000

NAL Estimated Property Value

1418 Cheshire Ln, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,594 Sq Ft
price_per_sqft$368.96 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,379 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0731000550038
Lot Number38
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 38 BLK 79 OAK FOREST SEC 9
Census Tract531700
Assessed Land Value$481,140
Assessed Improvement Value$1,064,957
Assessment Year2025

About this property

Another fabulous new construction by Ranier Custom Homes. Remarkable design with all the amenities of new construction and charm of Oak Forest. This 4 bedroom home features an incredible primary retreat on the first floor with huge bathroom and walk-in closet. Kitchen is open to breathtaking two-story family room. Wine grotto, butlers pantry as well as a walk-in pantry. All other bedrooms are up, along with a game room, media room, and flex room that can be a bedroom, second home office, playroom or gym.

Investor Tools

Property Icon
$1,649,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,649,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,043
$1,546,097
2025
$481,140
$1,064,957
$1,546,097
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,043
$1,546,097

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,696,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
1.6%

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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1418 Cheshire Ln | Property Details | No Agent List