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$1,149,000

1802 Wakefield Drive, Houston, TX, 77018

$1,258,009 ARVInfo
PendingInfo
Beds4 Beds
Baths4 Bath
Baths4,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.46 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,398 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN0731000610015
Lot Number15
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 15 BLK 3 OAK FOREST SEC 10
Census Tract531200
Assessed Land Value$365,040
Assessed Improvement Value$778,760
Assessment Year2025

About this property

This upgraded home sits on a spacious corner lot in Oak Forest and blends luxury finishes with functional design. The first floor features hardwood flooring throughout, crown molding, a private study, formal dining room, and expansive open-concept living areas designed for everyday living and entertaining. The kitchen is equipped with a 48-inch range, butler’s pantry, and generous prep and storage space. An oversized garage includes an extended storage area for added flexibility. All four bedrooms are located upstairs, creating separation between living and private spaces. The primary suite features rustic wood beam accents and a spacious layout. Secondary bedrooms are generously sized and well-positioned. The upper level also includes a dedicated media room, providing additional living and entertainment space.

Investor Tools

$468,739Estimated Mortgage Balance
$675,061Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,258,009
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,894 /month
Positive
Cash Flow Estimate:
$2,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,874/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,769
$1,143,800
2025
$365,040
$778,760
$1,143,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,769
$1,143,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$601,560
No
First
Feb 25, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$468,739
$675,061
59%
41%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
2.3%

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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1802 Wakefield Drive | Property Details | No Agent List