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$650,000

1611 Gardenia Dr, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$343.55 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Microwave, Free-Standing Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,322 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0731000340025
Lot Number25
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 25 BLK 52 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$377,520
Assessed Improvement Value$139,738
Assessment Year2025

About this property

Set beneath mature trees, this inviting home pairs a flexible interior with an exceptional backyard designed for everyday enjoyment. The floor plan offers 3 bedrooms, 2 baths, dedicated dining and office spaces, hardwood flooring and a spacious primary suite with vaulted ceilings, direct outdoor access and an adjacent built in workspace. Multiple living areas provide room to spread out, while the kitchen features abundant cabinetry, gas cooking and stainless appliances. Outside, an expansive patio creates distinct spaces for dining and lounging alongside a covered gazebo with fan, heater and string lighting, built in fire pit and generous green space. A storage shed and Generac whole home generator add valuable convenience to this thoughtfully equipped property.

Investor Tools

$360,560Estimated Mortgage Balance
$333,440Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,164 /month
Positive
Cash Flow Estimate:
$1,388 /month

Interested in this property?

Michael Silva

Happen Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,024/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,813
$517,258
2025
$377,520
$139,738
$517,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,813
$517,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Stand Alone First / Home Equity First Lien
$277,639
No
First
Jan 24, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,560
$333,440
48%
52%
$2,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,415/mo
$-693/mo
3.0%

City: Houston

1611 Gardenia Dr | Property Details | No Agent List