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$697,000

NAL Estimated Property Value

1418 Wakefield Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,294 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.89 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Dishwasher
FlooringTile, Vinyl, Wood

Exterior

Lot Size7,444 sqft

Building Information

Year Built1949
Stories1
Garage Spaces2

Land Information

APN0731000050030
Lot Number30
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 30 BLK 23 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$446,581
Assessed Improvement Value$190,997
Assessment Year2025

About this property

This remodeled home has everything you are looking for in a dream home zoned to Oak Forest Elementary. Three full bedrooms, two updated bathrooms, a home office (or 4th bedroom/guest room), and an old garage, converted to a climate controlled flex room. The primary bedroom was a previous addition which includes a large bathroom, two walk-in closets, and a laundry/mud room with access to a spacious two car garage. There is a large side covered patio fenced off by an automatic gate and leads to a fenced backyard around the garage. Numerous updates and finishes but some highlights are; new hot water heater in 2025, roof in 2024, updated electrical components, new plumbing and electrical fixtures, refinished tub, new and refinished wood floors, and updated landscaping.

Investor Tools

Property Icon
$697,000
Estimated Property Value
$614,075Estimated Mortgage Balance
$82,925Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,182 /month
Positive
Cash Flow Estimate:
$1,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,653
$637,578
2025
$446,581
$190,997
$637,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,653
$637,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$627,000
No
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$614,075
$54,925
8%
88%
$3,760/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,800/mo
$-1,574/mo
3.8%

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 Wakefield Dr | Property Details | No Agent List