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$947,000

NAL Estimated Property Value

1427 Wakefield Dr, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,449 Sq Ft
price_per_sqft$357.29 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBack Green Space, Side Yard, Sprinkler System
Lot Size7,379 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN0731000040017
Lot Number17
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 17 BLK 22 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$444,690
Assessed Improvement Value$427,745
Assessment Year2025

About this property

Welcome to your charming sanctuary in Oak Forest! This well maintained 4-bedroom, 3-bathroom home offers the perfect blend of modern convenience and timeless appeal. Boasting a prime location on a fabulous street, this residence was meticulously built from the foundation up in 2011, ensuring all-new mechanics, electrical, and plumbing systems. The heart of the home, the kitchen, underwent a tasteful renovation in 2017, showcasing top-tier appliances, abundant storage, and a sprawling island ideal for meal prep and casual dining. The elegant hardwood floors were refinished in 2019, there is no carpet in the entire home. A versatile first-floor bedroom with a full bath offers flexibility as a home office or guest suite. Outside, a detached 2-car garage with an automatic driveway gate provides added convenience. With its desirable features and proximity to Oak Forest Elementary, this property is an exceptional find in one of Houston's most coveted neighborhoods.

Investor Tools

Property Icon
$947,000
Estimated Property Value
$702,970Estimated Mortgage Balance
$244,030Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,682 /month
Positive
Cash Flow Estimate:
$1,894 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,438
$872,435
2025
$444,690
$427,745
$872,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,438
$872,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$728,000
No
First
Jun 24, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$702,970
$261,030
27%
74%
$4,365/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$4,365/mo
$-2,139/mo
2.8%

City: Houston