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$393,331

NAL Estimated Property Value

1506 Dodd Lane, Houston, TX, 77077

$467,248 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,539 Sq Ft
price_per_sqft$127.96 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,091 sqft

Building Information

Year Built1971
Stories2
Garage Spaces2

Land Information

APN1021210000011
Lot Number11
SubdivisionAshford Forest
Land UseResidential
Legal DescriptionLT 11 BLK 12 ASHFORD FOREST SEC 5
Census Tract451302
Assessed Land Value$111,085
Assessed Improvement Value$282,246
Assessment Year2025

About this property

Lowest-priced home in prestigious Ashford Forest—a true blank canvas for a retail buyer to enter way below market after repairs! Prime Energy Corridor location on 8,400 sqft lot. Spacious 4-bed, 2.5-bath two-story brick with big rooms, fireplace, formal dining, breakfast area & huge backyard ready for pool/outdoor living. Renovated comps routinely sell high $600s–$800s+. Top Spring Branch ISD (Ashford Elem blocks away), quick I-10/Beltway 8 access & Terry Hershey trails nearby. Virtual 3D walkthrough available—link in listing! Sold AS-IS. Measurements approx. Cash or hard money only. Cheapest entry into Ashford Forest this year—don’t miss it!

Investor Tools

Property Icon
$393,331
Estimated Property Value
$397,100Estimated Mortgage Balance
$393,331Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$467,247
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,360 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,138
$393,331
2025
$111,085
$282,246
$393,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,138
$393,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shelley Dimiceli
Stand Alone First / Home Equity First Lien
$400,000
No
First
Dec 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,100
N/A
0%
101%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,399/mo
+$481/mo
8.8%

City: Houston

1506 Dodd Lane | Property Details | No Agent List