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Owner Contacts

$579,000

1819 De Milo Dr, Houston, TX, 77018

Off Market

4 Beds

2 Bath

1,972 Sq Ft

Single Family Residence

$263.18 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,336 sqft

Building Information

Year Built1955

Stories1

Garage Spaces1

Land Information

APN0731000760013

Lot Number13

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 13 BLK 86 OAK FOREST SEC 12

Census Tract531600

Assessed Land Value$359,064

Assessed Improvement Value$147,236

Assessment Year2025

About this property

Discover this meticulously remodeled 4-bedroom, 2-bath ranch-style home blending timeless charm with modern updates. It offers a stunning mix of hardwood, tile, and plush carpeting, creating a seamless flow of style and comfort throughout. The kitchen is beautifully updated complete with gleaming granite countertops stylish, stone-patterned backsplash, and brand-new stainless steel appliances. Enjoy the convenience of a gas range with a vented hood, a chic wine cooler and dry bar area, and a dedicated china cabinet for elegant storage. The expansive backyard is perfect for relaxation or entertaining, and the newly installed A/C in 2021 ensures year-round comfort. Endless upgrades throughout: New Roof in 2018, French Drains in 2016, Built out patio 2017, Windows - 2018 Water heater - 2019 Gutters - 2020 Sprinkler system - 2020 New A/C - 2021 Mosquito system - 2022 New appliances, fridge, microwave and washer and dryer - 2024.

Investor Tools

$579,000

Estimated Property Value

$345,600Estimated Mortgage Balance

$307,464Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,474 /month

Positive

Cash Flow Estimate:

$1,158 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$957/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,588

$506,300

2025

$359,064

$147,236

$506,300

Tax History

Year

Tax Paid

Assessed Value

2024

$8,588

$506,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$345,600

First

Apr 5, 2016

May 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$271,536

$372,464

57%

47%

$2,073/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,073/mo

$-351/mo

3.6%

Learn About the Market: Opportunity in Houston

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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.

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