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$650,000

1705 Althea Dr, Houston, TX, 77018

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,521 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$427.35 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size7,261 sqft

Building Information

Year Built1949
Stories1
Garage Spaces2

Land Information

APN0731000330036
Lot Number36
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 36 BLK 51 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$375,960
Assessed Improvement Value$170,259
Assessment Year2025

About this property

Welcome Home to 1705 Althea Drive! Nestled in the highly sought after Oak Forest neighborhood, this beautifully refreshed 3-bedroom, 2-bath home offers the perfect blend of timeless character and modern updates. Featuring fresh interior paint, beautiful floors, elegant crown molding, and an inviting open layout, this home is truly move in ready. At the heart of the home is the stunning, updated kitchen, where a large center island overlooks the spacious family room creating the ideal space for entertaining. Natural light fills the home, creating a warm atmosphere from the moment you step inside. Step outside to your own private retreat featuring a large backyard, a covered patio, a detached 2-car garage, and a long gated driveway. Located just minutes from shopping, dining, parks, 610 loop, and Highway 290, you’ll enjoy the convenience of city living while coming home to one of Houston’s most desirable neighborhoods.

Investor Tools

$346,892Estimated Mortgage Balance
$228,108Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Angela Ojeda

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$944/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,456
$546,219
2025
$375,960
$170,259
$546,219
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,456
$546,219

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$408,500
No
First
Dec 11, 2015
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,892
$228,108
39%
60%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
3.6%

City: Houston