$649,000
NAL Estimated Property Value1431 Thornton Rd, Houston, TX, 77018
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringTerrazzo, Tile, Wood
Exterior
Lot Size7,314 sqft
Building Information
Year Built1949
Stories1
Garage Spaces1
Land Information
APN0731000580012
Lot Number12
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 12 BLK 82 OAK FOREST SEC 9
Census Tract531700
Assessed Land Value$478,962
Assessed Improvement Value$71,652
Assessment Year2025
About this property
Here is an opportunity to finish updating an Oak Forest classic or build your dream home. Within walking distance to Oak Forest Elementary, Frank Black Middle, Oak Forest Neighborhood Library, parks and shopping. Double-paned windows and a recent kitchen renovation are in place to give you a head start on a renovation.
Investor Tools
$649,000
Estimated Property Value
$974,645Estimated Mortgage Balance
$649,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$965/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,335
$550,614
2025
$478,962
$71,652
$550,614
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,335
$550,614
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Purchase Money Mortgage
$981,765
No
First
Dec 19, 2025
Jun 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$974,645
N/A
0%
150%
$5,887/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,887/mo
$-4,165/mo
3.2%
