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$405,865

NAL Estimated Property Value

1717 Libbey Dr, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,034 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.69 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0731000410032
Lot Number32
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 32 BLK 59 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$374,400
Assessed Improvement Value$31,465
Assessment Year2025

About this property

Located in the quiet, well-established neighborhood of Oak Forest, this beautifully updated 1950s Rancher is move-in ready. Featuring 2 spacious bedrooms with large closets and an updated bathroom, this home offers an open floor plan designed for both comfortable daily living and entertaining. The dining area boasts refinished hardwood flooring while a cozy wood-burning stove anchors the family room. The kitchen offers granite countertops & tile backsplash, sleek black appliances, & an adjoining utility room with custom storage solutions. Roomy bedrooms offer plush carpet & neutral finishes, ample closet space & easy access to the updated bathroom. Appliances, including the refrigerator, countertop microwave, washer, & dryer are included. A private covered patio overlooks a sprawling fenced yard, perfect for outdoor activities. Conveniently located near schools, scenic parks, and more, this home blends classic charm with modern updates in an ideal location.

Investor Tools

Property Icon
$405,865
Estimated Property Value
$0Estimated Mortgage Balance
$405,865Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,435 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,788
$405,865
2025
$374,400
$31,465
$405,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,788
$405,865

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$455,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
3.9%

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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1717 Libbey Dr | Property Details | No Agent List