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$507,428

NAL Estimated Property Value

1771 De Milo Drive, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,294 Sq Ft
price_per_sqft$339.26 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,477 sqft

Building Information

Year Built1949
Stories1
Garage Spaces2

Land Information

APN0731000460001
Lot Number1
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 1 BLK 64 OAK FOREST SEC 8
Census Tract531700
Assessed Land Value$491,505
Assessed Improvement Value$15,923
Assessment Year2025

About this property

Charming home nestled in the highly desirable Oak Forest/Garden Oaks area, situated on a spacious corner lot with a huge fully fenced backyard offering endless possibilities for entertaining, play, pets, or future outdoor enjoyment. Inside, you'll find generously sized bedrooms and large closets providing abundant storage throughout. Thoughtfully renovated in 2010, this home underwent extensive updates including replacement of the original electrical, plumbing, HVAC system, and windows. The kitchen was completely reimagined with custom cabinetry, granite countertops, and an open-concept design that seamlessly connects the kitchen and living areas for effortless everyday living and entertaining. Additional updates include a water heater replaced just one year ago and a beautifully renovated primary shower completed in 2022. A wonderful blend of timeless charm, functional updates, and an unbeatable location in one of Houston’s most sought-after neighborhoods.

Investor Tools

Property Icon
$507,428
Estimated Property Value
$233,896Estimated Mortgage Balance
$273,532Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,045 /month
Positive
Cash Flow Estimate:
$1,015 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,147
$507,428
2025
$491,505
$15,923
$507,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,147
$507,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lenox Financial Mortgage Corp
Conventional
$266,000
No
First
Apr 11, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,896
$273,532
53%
46%
$1,595/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,595/mo
+$127/mo
4.1%

City: Houston

1771 De Milo Drive | Property Details | No Agent List