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Owner Contacts

$425,000

NAL Estimated Property Value

15219 Lakewood Forest Dr, Houston, TX, 77070

Off Market

4 Beds

4 Bath

3,306 Sq Ft

Single Family Residence

$128.55 / sqft

Built in 1976

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringLaminate, Tile

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size21,249 sqft

Building Information

Year Built1976

Stories2

Garage Spaces3

Land Information

APN1062560000011

Lot Number11

SubdivisionLakewood Forest

Land UseResidential

Legal DescriptionLT 11 BLK 38 LAKEWOOD FOREST SEC 2

Census Tract554301

Assessed Land Value$100,700

Assessed Improvement Value$324,300

Assessment Year2025

About this property

Nestled on a half-acre lot in Lakewood Forest, this meticulously-maintained gem offers endless customization possibilities. Enjoy the classic layout with both formals, wet bar, and an enclosed sunroom leading to a garden-like backyard. The ground floor primary suite offers a spacious retreat and nearby office/study. The large landing upstairs provides flexibility as a game room or secondary family room. Three bedrooms and two full baths complete the second story. Located in Tomball ISD with easy access to the 249 corridor and Vintage Park, this northwest property can be a dream come true for move-in ready buyers, creative dreamers, or savvy investors. Don't miss out on this opportunity!

Investor Tools

$425,000

Estimated Property Value

$330,928Estimated Mortgage Balance

$94,072Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,550 /month

Positive

Cash Flow Estimate:

$850 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$250/month

$690/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$878

$425,000

2025

$100,700

$324,300

$425,000

Tax History

Year

Tax Paid

Assessed Value

2024

$878

$425,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$340,000

First

Nov 22, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$330,928

$94,072

22%

78%

$2,039/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$2,729/mo

+$11/mo

7.7%

Learn About the Market: Opportunity in Houston

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