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Owner Contacts

$789,000

NAL Estimated Property Value

1811 Wakefield Dr, Houston, TX, 77018

Off Market

3 Beds

2 Bath

2,307 Sq Ft

Single Family Residence

$1.58 / sqft

Built in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Exterior

Lot Size7,562 sqft

Building Information

Year Built1950

Stories1

Garage Spaces2

Land Information

APN0731000620012

Lot Number12

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 12 BLK 4 OAK FOREST SEC 10

Census Tract531200

Assessed Land Value$383,760

Assessed Improvement Value$260,469

Assessment Year2025

About this property

Incredible tranquil resort-like backyard (yard maintenance included) complete with furniture situated under a mature tree canopy with fountain, deck, herb/vegetable garden and covered patio. Open-concept spacious living space flows seamlessly from family room into the dining area & kitchen with abundant storage. Long breakfast bar is great for entertaining, kid's homework or those Zoom calls. Enjoy the oversized primary bedroom with sitting area and an incredibly large walk-in closet. Study (or flex room/library/gym) is flooded with natural light and wide views of the neighborhood. Blocks from White Oak Bayou Hike & Bike Trail, restaurants, shopping and Oak Forest Park complete with swimming pool, frisbee golf, playground, tennis courts, walking trail, picnic tables and more.... Quick access to 290, 610, 45 and I-10. Not in a flood zone and NEVER FLOODED. 2 year lease is an option.

Investor Tools

$789,000

Estimated Property Value

$485,033Estimated Mortgage Balance

$303,967Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,734 /month

Positive

Cash Flow Estimate:

$1,578 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,164/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,022

$644,229

2025

$383,760

$260,469

$644,229

Tax History

Year

Tax Paid

Assessed Value

2024

$10,022

$644,229

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chevron Fcu

Conventional

$565,110

First

Dec 18, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$485,033

$364,967

42%

61%

$2,053/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,053/mo

$-331/mo

2.6%

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