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$1,224,000

NAL Estimated Property Value

1827 Libbey Drive, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths3,304 Sq Ft
price_per_sqft$293.58 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,079 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN0731000690009
Lot Number9
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 9 BLK 72 OAK FOREST SEC 11
Census Tract531200
Assessed Land Value$371,842
Assessed Improvement Value$727,633
Assessment Year2025

About this property

Charming Oak Forest New Construction!! This modern contemporary project is just getting started! Anticipated to be completed by Summer 2022. This elegant home offers a very spacious floor plan with engineered oak hardwood flooring, quartz countertops, and beautiful trim work throughout. Home features Chef's kitchen with gorgeous backsplash, oversized island, high end appliances, Custom Cabinets and designer light fixtures!! Kitchen and Formal Dining Room are connected by a Butlers Pantry. Living and Breakfast Rooms are surrounded by natural light that overflows into the home. The large Living area opens through a 16 foot accordion black metal door to the backyard fenced and ready to entertain. Builder is adding many quality upgrades and special touches throughout the entire home, such as PEX plumbing, built-ins in every closet, fireplace and accent walls. Call listing agent for more details on Specs Sheet and customization options.

Investor Tools

Property Icon
$1,224,000
Estimated Property Value
$812,270Estimated Mortgage Balance
$411,730Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,344 /month
Positive
Cash Flow Estimate:
$2,448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,952/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,309
$1,099,475
2025
$371,842
$727,633
$1,099,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,309
$1,099,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$878,000
No
First
May 2, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$812,270
$411,730
33%
66%
$5,265/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,265/mo
$-3,039/mo
2.2%

City: Houston

1827 Libbey Drive | Property Details | No Agent List