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$670,000

1550 Cheshire Ln, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.89 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Freestanding Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,649 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0731000550060
Lot Number60
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 60 BLK 79 OAK FOREST SEC 9
Census Tract531700
Assessed Land Value$490,050
Assessed Improvement Value$26,001
Assessment Year2025

About this property

Welcome to this thoughtfully updated home offering exceptional flexibility inside & out. Hardwood floors flow through the living areas & bedrooms, while the spacious front living room connects to the dining room & versatile flex space behind French doors, ideal as a home office, playroom, gym, or studio. The kitchen features abundant cabinetry, generous prep space, and stainless steel appliances, opening to a bright rear den with oversized windows and French doors overlooking the backyard. The primary suite includes an updated ensuite bath and an adjoining bonus space perfect for a nursery, office, reading room, or sitting area. Two additional bedrooms share a refreshed hall bath. Outside, enjoy a covered patio, custom pavilion with wood ceiling, ceiling fans & grilling area, plus a large fenced yard, storage shed & converted garage offering outstanding storage with direct access to the flex room. Located near shopping, dining, parks & entertainment. Zoned to Oak Forest Elementary.

Investor Tools

$147,239Estimated Mortgage Balance
$368,812Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,020 /month
Positive
Cash Flow Estimate:
$1,340 /month

Interested in this property?

Michael Silva

Happen Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,547
$516,051
2025
$490,050
$26,001
$516,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,547
$516,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Conventional
$166,409
No
First
Sep 29, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,239
$368,812
71%
29%
$998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$998/mo
+$724/mo
4.0%

City: Houston

1550 Cheshire Ln | Property Details | No Agent List