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$570,000

NAL Estimated Property Value

1915 De Milo Dr, Houston, TX, 77018

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350.67 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0731000760005
Lot Number5
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 5 BLK 86 OAK FOREST SEC 12
Census Tract531600
Assessed Land Value$374,400
Assessed Improvement Value$97,581
Assessment Year2025

About this property

Tastefully remodeled single-story home, 2 bed/2 bath home in desirable Oak Forest area. Close to schools, only blocks from TC Jester Park with a pool, playground/picnic areas and dog park. This beautiful home offers a fantastic open floor plan w/wood floors(no carpet), neutral paint, elegant lighting, fans and lot of natural light. Spacious living/dining combo opens to spectacular updated kitchen w/quartz counters and island for entertaining, tile backsplash, sleek SS appliances and crisp white cabinetry. The owners suite has an updated ensuite bathroom w/a walk-in shower and a lot of storage space/ low flow toilet. The guest bathroom features an updated vanity and fully tiled floor, tub/shower with low flow toilets. New back fence. Roof replaced in 2014,full repipe(flex pipe) in 2020, HVAC less then 10 years old, electrical wiring done in late 80's, Great detached garage with tons of storage, an ac unit and a long driveway. Dining room could be changed to a 3rd bedroom.

Investor Tools

Property Icon
$570,000
Estimated Property Value
$466,571Estimated Mortgage Balance
$103,429Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,844
$471,981
2025
$374,400
$97,581
$471,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,844
$471,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$488,750
No
First
Nov 7, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,571
$162,429
25%
82%
$2,931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,931/mo
$-1,624/mo
2.8%

Learn About the Market: Opportunity in Houston

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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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1915 De Milo Dr | Property Details | No Agent List