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Days11Days on Market
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$1,888,000

1517 Wakefield Drive, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths4,750 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$397.47 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,900 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN0731000040007
Lot Number7
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 7 BLK 22 OAK FOREST SEC 2
Census Tract531100
Assessed Land Value$433,527
Assessed Improvement Value$27,421
Assessment Year2025

About this property

Introducing the Oak Forest Icon Collection by Jamestown Estate Homes, a curated series of architecturally distinctive residences designed to become landmarks within one of Houston’s most sought-after neighborhoods. Construction is starting soon on this 4,750 SF transitional home showcases a striking stucco and cedar exterior, dramatic steel doors, and oversized windows. Designed for entertaining and everyday living, the main level features a chef’s kitchen with extensive cabinetry, a dedicated scullery, elegant bar area, formal dining room, and outdoor kitchen. Upstairs, the vaulted primary retreat offers a spa-inspired bath and an oversized wardrobe room, while three additional ensuite bedrooms surround a spacious game room with snack bar and loft workspace. Thoughtfully designed with abundant storage, a mudroom, and a surprisingly generous backyard with room for outdoor living and future pool possibilities. Architectural presence meets everyday livability. Construction starting soon!

Investor Tools

$47,973Estimated Mortgage Balance
$455,027Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,328 /month
Positive
Cash Flow Estimate:
$3,776 /month

Interested in this property?

Victoria Hawes

16th Street Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$781/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,861
$460,948
2025
$433,527
$27,421
$460,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,861
$460,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$60,400
No
First
Sep 7, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,973
$455,027
90%
10%
$363/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$363/mo
+$944/mo
3.1%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1517 Wakefield Drive | Property Details | No Agent List