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

$1,038,940

NAL Estimated Property Value

1517 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$349.26 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size7,013 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN0731000050008
Lot Number8
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 8 BLK 23 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$436,473
Assessed Improvement Value$602,467
Assessment Year2025

About this property

Welcome to 1517 Althea, a charming single-story home in Oak Forest. The inviting foyer leads to a dining room on the left and a powder bath, utility room, and access to the attached two-car garage on the right. The open-concept living area, with high ceilings, hardwood floors, and large windows, is warm and inviting. The kitchen, featuring a large island, ample storage, and a butler’s pantry, anchors the space. Off the kitchen, the living room has elegant millwork and a gaslog fireplace, while the sunroom offers flexibility as an office or playroom. Tucked away is the spacious primary suite with a reading nook, two walk-in closets, a soaking tub, and a large shower. The secondary bedrooms share a jack-and-jill bath. Outside, the covered patio and spacious backyard are ready for your personal touch. Located near Oak Forest Elementary, this home is a rare find in a sought-after neighborhood.

Investor Tools

Property Icon
$1,038,940
Estimated Property Value
$778,654Estimated Mortgage Balance
$260,286Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,234 /month
Positive
Cash Flow Estimate:
$2,078 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,632/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,392
$1,038,940
2025
$436,473
$602,467
$1,038,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,392
$1,038,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$800,000
No
First
Nov 1, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$778,654
$260,286
25%
75%
$4,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,837/mo
$-3,115/mo
2.0%

City: Houston

1517 Althea Dr | Property Details | No Agent List