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$1,473,000

NAL Estimated Property Value

1729 Althea Drive, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,333 Sq Ft
price_per_sqft$345.95 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Microwave, Free-Standing Range, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,200 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0731000330042
Lot Number42
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 42 BLK 51 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$374,400
Assessed Improvement Value$669,761
Assessment Year2025

About this property

Welcome to your dream home! This meticulously crafted 4-bedroom new construction blends timeless design with exceptional attention to detail. From the moment you step inside, you're greeted by tall ceilings, beautiful wide-plank hardwood floors and custom cabinetry that highlight the details throughout. The heart of the home features a gourmet kitchen complete with Taj Mahal quartzite countertops, bespoke millwork and a striking hand-applied plaster vent hood—perfect for both everyday living and entertaining. The expansive living spaces flow seamlessly to a large backyard oasis, where you'll find an outdoor shower and ample space for a future swimming pool, playset and entertaining space. Upstairs, the oversized primary suite offers a luxurious retreat with room to unwind, while a spacious game room provides the ideal space for family fun or hosting guests. This home is a rare blend of elegance, comfort, and thoughtful design—don't miss your chance to make it yours!

Investor Tools

Property Icon
$1,473,000
Estimated Property Value
$803,674Estimated Mortgage Balance
$669,326Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,382
$1,044,161
2025
$374,400
$669,761
$1,044,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,382
$1,044,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$806,000
No
First
Mar 23, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$803,674
$669,326
45%
55%
$4,833/mo

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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1729 Althea Drive | Property Details | No Agent List