Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$4,000

1505 Chippendale Rd, Houston, TX, 77018

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.42 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Range, Refrigerator, Dishwasher, Instant Hot Water
FlooringVinyl

Exterior

Lot Size7,688 sqft

Building Information

Year Built1948
Garage Spaces1

Land Information

APN0731000030009
Lot Number9
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 9 BLK 21 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$454,084
Assessed Improvement Value$240,916
Assessment Year2025

About this property

Beautifully updated 3-bedroom, 2-bath home for lease in Oak Forest offering charm, space, and versatility. The main home features a fully remodeled interior with wood floors, abundant natural light, and a functional layout for everyday living. The primary suite offers a relaxing retreat with a walk-in closet and sitting area. Enjoy the covered outdoor patio overlooking a fully fenced, tree-lined backyard, perfect for entertaining. A standout feature is the garage apartment above the oversized 2-car garage (approx. 580 sq ft) with private entrance, closet, full bath and wood flooring, ideal for guests, extended living, or a private workspace. The property also includes parking behind an electronic gate for added privacy. Washer, dryer, and refrigerator included. Zoned to sought-after Oak Forest Elementary with convenient access to dining, shopping, and major thoroughfares. A rare lease opportunity in a prime location! Professional photos soon.

Investor Tools

$588,526Estimated Mortgage Balance
$169,862Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,506 /month
Positive
Cash Flow Estimate:
$1,502 /month

Interested in this property?

Lisa Rigdon

Keller Williams Memorial

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,695
$695,000
2025
$454,084
$240,916
$695,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,695
$695,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
On Q Financial Inc
Stand Alone Second / Subordinate Position
$359,200
No
First
Aug 31, 2017
Sep 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$588,526
$144,474
19%
78%
$4,308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,308/mo
$-2,586/mo
2.8%

City: Houston

1505 Chippendale Rd | Property Details | No Agent List