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$848,000

NAL Estimated Property Value

1607 Woodcrest Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.56 / sqft
Year BuiltBuilt in 2017

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, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built2017
Stories1
Garage Spaces1

Land Information

APN0731000300028
Lot Number28
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 28 BLK 48 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$374,400
Assessed Improvement Value$459,746
Assessment Year2025

About this property

Spectacular home Recently constructed by Resources Builders in highly sought-after Oak Forest Subdivision. This 3be/2ba home offers gorgeous marble and quartz countertops, beautiful rich wood floors and exquisite designer lighting throughout. The attention detail is exceptional. The backyard has a beautiful tongue and groove rich wood ceiling with overhead fans to keep guests feeling comfortable. The open floor plan makes entertaining a breeze. And the home is an easy walk to the park.

Investor Tools

Property Icon
$848,000
Estimated Property Value
$679,718Estimated Mortgage Balance
$168,282Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,088 /month
Positive
Cash Flow Estimate:
$1,696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,849
$834,146
2025
$374,400
$459,746
$834,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,849
$834,146

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Stand Alone Second / Subordinate Position
$117,750
No
First
Sep 2, 2021
Oct 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$679,718
$173,282
20%
80%
$4,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,472/mo
$-2,750/mo
2.4%

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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1607 Woodcrest Dr | Property Details | No Agent List