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$382,000

NAL Estimated Property Value

1423 Wilde Rock Way, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,464 Sq Ft
price_per_sqft$196.72 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,943 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0831020000323
Lot Number323
SubdivisionShepherd Forest
Land UseResidential
Legal DescriptionLT 323 BLK 20 SHEPHERD FOREST
Census Tract530200
Assessed Land Value$277,760
Assessed Improvement Value$49,926
Assessment Year2025

About this property

Gorgeous 3 bedroom home in popular Houston neighborhood. Close to all trendy amenities off Shepherd (HEB grocery store, restaurants, shopping) and easy access to all festivities in Oak Forest and Houston Heights. Within 2 blocks of Memorial Hospital. Quick access to freeway and Downtown Houston. Home features Hardwood flooring, huge family room, built in bookshelves in front and back living rooms, all with a modern open concept. Huge living space (20x20) with open views from kitchen that has storage closet and built in study area. Mature street with plenty of trees. Freshly painted exterior. Ready for move in. Customize your home for the future by seeing this home. Refrigerator included.

Investor Tools

Property Icon
$382,000
Estimated Property Value
$246,984Estimated Mortgage Balance
$135,016Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,264
$327,686
2025
$277,760
$49,926
$327,686
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,264
$327,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$273,600
No
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,984
$138,016
35%
65%
$1,641/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,641/mo
+$81/mo
5.4%

Learn About the Market: Opportunity in Houston

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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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1423 Wilde Rock Way | Property Details | No Agent List