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$625,000

NAL Estimated Property Value

1426 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,032 Sq Ft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size7,501 sqft

Building Information

Year Built1947
Stories1
Garage Spaces2

Land Information

APN0731000060034
Lot Number34
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 34 BLK 24 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$448,411
Assessed Improvement Value$17,612
Assessment Year2025

About this property

Build your dream home on this spacious 7,502 sq. ft. lot in the heart of highly desirable Oak Forest. Surrounded by beautiful, mature trees and new construction, this property offers the perfect blend of charm and opportunity. Enjoy a quiet, residential street with quick access to Ella Blvd, Shepherd, and 610, putting shopping, dining, and top-rated schools just minutes away. Whether you’re looking to build a custom residence or invest in one of Houston’s most sought-after neighborhoods, 1426 Althea Dr delivers location, lifestyle, and endless potential.

Investor Tools

Property Icon
$625,000
Estimated Property Value
$1,186,006Estimated Mortgage Balance
$625,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,070/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,721
$466,023
2025
$448,411
$17,612
$466,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,721
$466,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quick Lending Llc
Commercial
$1,200,000
No
First
Sep 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,186,006
N/A
0%
190%
$7,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$7,195/mo
$-5,888/mo
2.5%

City: Houston

1426 Althea Dr | Property Details | No Agent List