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Owner Contacts

$1,463,449

NAL Estimated Property Value

1450 Althea Dr, Houston, TX, 77018

Off Market

5 Beds

6 Bath

3,720 Sq Ft

Single Family Residence

$423.39 / sqft

Built in 2025

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Trash Compactor, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,318 sqft

Building Information

Year Built2024

Stories1

Garage Spaces2

Land Information

APN0731000060040

Lot Number40

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 40 BLK 24 OAK FOREST SEC 2

Census Tract531100

Assessed Land Value$442,738

Assessed Improvement Value$1,020,711

Assessment Year2025

About this property

Zoned to Oak Forest Elementary. Welcome to 1450 Althea, a stunning new home in the heart of Oak Forest, crafted by Quintessa Homes! With over 17 years of experience and more than 185 homes built, Quintessa Homes is known for delivering unmatched quality and design. This beautiful new construction sits on a spacious 7,519 sqft lot and offers the option for a 3-car garage. Inside, you’ll find 5 bedrooms, 5.5 bathrooms, and remarkable entertaining areas that flow effortlessly into the backyard. The luxurious primary bath features a double vanity, dual closets, and direct access to the utility room. The chef-inspired kitchen is equipped with designer selections and top-tier Thermador Pro appliances. Contact us today for more information!

Investor Tools

$1,463,449

Estimated Property Value

$1,366,092Estimated Mortgage Balance

$97,357Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,450 /month

Positive

Cash Flow Estimate:

$3,150 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$695/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,017

$1,463,449

2025

$442,738

$1,020,711

$1,463,449

Tax History

Year

Tax Paid

Assessed Value

2024

$1,017

$1,463,449

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Conventional

$1,394,845

First

Mar 20, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,366,092

$112,908

93%

$8,363/mo

Learn About the Market: Opportunity in Houston

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