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$1,065,000

1906 Gardenia Dr, Houston, TX, 77018

$1,092,103 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.88 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space
Lot Size7,562 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN0731000590023
Lot Number23
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 23 BLK 1 OAK FOREST SEC 10
Census Tract531200
Assessed Land Value$383,760
Assessed Improvement Value$596,030
Assessment Year2025

About this property

Located in the heart of Oak Forest, this beautifully maintained home offers generous living spaces, abundant natural light, & a thoughtfully designed floor plan. The spacious living, kitchen & dining areas flow seamlessly together w/expansive windows & doors providing beautiful views of backyard & pool. Kitchen features quartz countertops, ample cabinetry, generous prep space, & an open connection to the main living/dining areas. The oversized 1st-floor primary suite is filled w/natural light & offers a spacious bath & incredible closet. Upstairs, 2 secondary bedrooms, full bath, & large game room provide additional living space, while a bonus room offers versatility as fitness room or additional storage. The backyard is an exceptional extension of the home, featuring a generous pool (2021), covered patio & expansive turf lawn. With its open layout, natural light, & inviting indoor-outdoor connection, this home offers an exceptional blend of comfort, function, & style. Info per Seller.

Investor Tools

$553,062Estimated Mortgage Balance
$476,938Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,092,102
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,390 /month
Positive
Cash Flow Estimate:
$2,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,633/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,441
$979,790
2025
$383,760
$596,030
$979,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,441
$979,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$619,999
No
First
Jan 27, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$553,062
$476,938
46%
54%
$3,718/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,758/mo
$-2,036/mo
2.0%

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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1906 Gardenia Dr | Property Details | No Agent List