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Owner Contacts

$1,540,000

NAL Estimated Property Value

1555 Hewitt Dr, Houston, TX, 77018

Off Market

4 Beds

4 Bath

4,378 Sq Ft

$256.97 / sqft

Built in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Ice Maker, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size7,501 sqft

Building Information

Year Built2014

Stories1

Garage Spaces2

Land Information

APN0731000550003

Lot Number3

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 3 BLK 79 OAK FOREST SEC 9

Census Tract531700

Assessed Land Value$485,100

Assessed Improvement Value$624,900

Assessment Year2025

About this property

Fabulous home located in desirable Oak Forest. 2 story high entry. Light & bright study w/built-ins. Open formal dining w/wallpapered accent wall. Butler's pantry + wine room! Gorgeous chef's kitchen fully equipped w/ professional grade Thermador appliances, expansive island, breakfast bar + breakfast nook w/built-in window bench. Spacious family room w/ fireplace flanked by built-ins. Spacious upstairs primary suite w/ luxurious bath + huge walk-in closet. En suite guest bed up + two add'l sizable guest beds w/ Jack & Jill bath. 2nd floor game room w/ adjoining study area; perfect for a homework/craft space! Massive mudroom w/lockers. Covered patio w/outdoor kitchen. Large, pool-sized green space. Custom site-built cabinetry, storage galore, soaring ceilings, crown molding, plantation shutters & hardwood floors throughout! Walking distance to Oak Forest Elementary. Minutes from popular dining! A must see!

Investor Tools

$1,540,000

Estimated Property Value

$924,652Estimated Mortgage Balance

$615,348Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,240 /month

Positive

Cash Flow Estimate:

$3,080 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,481/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22,067

$1,110,000

2025

$485,100

$624,900

$1,110,000

Tax History

Year

Tax Paid

Assessed Value

2024

$22,067

$1,110,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Champions Mortgage Llc

Conventional

$800,000

First

Nov 19, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$924,652

$655,348

41%

60%

$5,697/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$5,697/mo

$-3,471/mo

1.7%

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