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$1,567,000

1718 White Oak Dr, Houston, TX, 77009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,147 Sq Ft
price_per_sqft$377.86 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,232 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0503450000004
Lot Number4
SubdivisionWhite Oak Terrace
Land UseResidential
Legal DescriptionLT 4 WHITE OAK TERRACE
Census Tract510301
Assessed Land Value$523,200
Assessed Improvement Value$636,028
Assessment Year2025

About this property

Welcome to this prime vacant lot, perfectly positioned and ready for development, offering an exceptional opportunity for those seeking a strategic location. Situated directly across the street from the highly acclaimed White Oak Bayou Greenway Trail, this lot benefits from its proximity to a popular recreational pathway that connects Houstonians to the downtown area, transit centers, and a range of outdoor spaces. The White Oak Bayou Greenway Trail, which travels Southeast to the historic Allen's Landing downtown and joins Buffalo Bayou, allows residents and visitors to enjoy scenic walks, jogs, or bike rides along the picturesque bayou. Moreover, the trail intersects with the Houston Heights Hike and Bike Trail three times, granting easy access to the historic Heights and Woodland Heights. Just minutes away from Ley Plaza Park, Freed Art Park, Stude Park and Hogg Park. Zoned to highly sought-after Travis Elementary. Restaurants and shops abound nearby.Easy access to major freeways.

Investor Tools

Property Icon
$1,567,000
Estimated Property Value
$1,264,000Estimated Mortgage Balance
$311,396Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,402 /month
Positive
Cash Flow Estimate:
$3,134 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,947
$1,159,228
2025
$523,200
$636,028
$1,159,228
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,947
$1,159,228

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliant Cu
Conventional
$1,264,000
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,255,604
$337,396
21%
80%
$7,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,177/mo
$-4,951/mo
1.7%

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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1718 White Oak Dr | Property Details | No Agent List