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$518,000

NAL Estimated Property Value

1738 Wakefield Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,844 Sq Ft
price_per_sqft$311.82 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Slate, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1949
Stories1
Garage Spaces4

Land Information

APN0731000330003
Lot Number3
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 3 BLK 51 OAK FOREST SEC 6
Census Tract531100
Assessed Land Value$374,400
Assessed Improvement Value$126,415
Assessment Year2025

About this property

Located in booming Oak Forest, this updated, well-maintained cheerful home has 1,800+ sq ft of interior living space.  You’ll enjoy three nice-sized bedrooms, two spacious baths, open-concept living, hardwood floors, updated lighting, and a study with a bonus den/playroom. The extended driveway is perfect for extra parking or weekend gatherings. Major upgrades include new A/C (2023), a finished/insulated garage (2023), recent roof (2023), backyard turf, fence, putting green, porch and pergola (2024), attic insulation (2025), and electrical updates (2019/2025). Just beyond your front door is a vibrant community - plenty of local eateries, wine & craft beverage offerings, renowned activity hotspots and green spaces, parks, bike trails, and a great neighborly vibe. Visit us soon and see why your next chapter should start right here!

Investor Tools

Property Icon
$518,000
Estimated Property Value
$329,527Estimated Mortgage Balance
$188,473Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,218
$500,815
2025
$374,400
$126,415
$500,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,218
$500,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$367,200
No
First
Jan 22, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,527
$190,473
36%
64%
$2,202/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,202/mo
$-480/mo
4.0%

City: Houston

1738 Wakefield Dr | Property Details | No Agent List