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$950,000

1818 Locksford St, Houston, TX, 77008

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$415.03 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Refrigerator Included, Water Softener, Gas Oven, Gas Range, Dishwasher
FlooringVinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size6,386 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0923090000048
SubdivisionLazybrook
Land UseResidential
Legal DescriptionTR 48 BLK 1 LAZYBROOK SEC 9
Census Tract511001
Assessed Land Value$354,423
Assessed Improvement Value$322,553
Assessment Year2025

About this property

Welcome to 1818 Locksford St, a beautifully updated and thoughtfully maintained home in the highly sought-after Lazybrook neighborhood. This 3-bedroom, 3-bath home blends comfortable everyday living with an incredible backyard retreat designed for entertaining & relaxing. Inside, the home features a spacious, open-concept living area & a large island that connects the kitchen, dining, and living spaces. One of the home's standout features is the versatile added living space, currently used as a private home gym. This flexible room can be customized to fit the next owner's needs, whether as a playroom, game room, home office, or additional entertaining space. Step outside & discover your own private oasis. The backyard features a pool with a hot tub, a convenient exterior bathroom, and a Tuff Shed with custom built-in shelving and electricity. This home features a whole-home generator. The sellers will install a new roof upon execution of an acceptable contract.

Investor Tools

$429,132Estimated Mortgage Balance
$275,868Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Alison Briscoe

CB&A, Realtors- Loop Central

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,139
$676,976
2025
$354,423
$322,553
$676,976
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,139
$676,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$474,454
No
First
Aug 18, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,132
$275,868
39%
61%
$2,845/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,845/mo
$-615/mo
3.8%

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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1818 Locksford St | Property Details | No Agent List