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$699,000

1609 Cheshire Lane, Houston, TX, 77018

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.32 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,871 sqft

Building Information

Year Built1949
Stories1
Garage Spaces2

Land Information

APN0731000380020
Lot Number20
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 20 BLK 56 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$391,820
Assessed Improvement Value$232,380
Assessment Year2025

About this property

Welcome to this beautifully updated Oak Forest residence, where timeless charm blends seamlessly with modern comfort. Featuring 4 spacious bedrooms and 3 full bathrooms, this home has been thoughtfully refreshed with fresh paint, gleaming hardwood floors, and a bright open layout that’s perfect for both entertaining and everyday living. The kitchen offers generous counter space for cooking and gathering, while the private primary suite provides a serene retreat with its own spa-like bath. Major upgrades — including all-new plumbing, wiring, and insulation — ensure peace of mind and efficiency for years to come. Relax on the inviting front porch, host gatherings in the large backyard, and enjoy the freedom of no HOA in this highly sought-after neighborhood. With easy access to local restaurants, shopping, and top-rated schools, this home truly offers the best of Oak Forest living.

Investor Tools

$345,064Estimated Mortgage Balance
$403,936Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Polina Vasilyeva

RE/MAX Grand

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,668
$624,200
2025
$391,820
$232,380
$624,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,668
$624,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$375,050
No
First
Mar 28, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,064
$403,936
53%
46%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,249/mo
$-527/mo
2.8%

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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1609 Cheshire Lane | Property Details | No Agent List