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$582,000

NAL Estimated Property Value

1918 Shadowdale Drive, Houston, TX, 77043

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,231 Sq Ft
price_per_sqft$174.36 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesSide Yard, Sprinkler System
Lot Size8,934 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0971640000005
Lot Number5
SubdivisionEnchanted Forest
Land UseResidential
Legal DescriptionLT 5 BLK 1O ENCHANTED FOREST SEC 2
Census Tract522401
Assessed Land Value$223,300
Assessed Improvement Value$332,258
Assessment Year2025

About this property

This home is positioned on a corner lot nestled under the shade of a mature ash tree on a QUIET dead end street. A unique formal entry w/a courtyard and double doors opens to gorgeous one level living that is light & bright w/an open living room/dining w/a wood burning brick fireplace, built ins and a vaulted ceiling. The natural light flows in from the backyard illuminating the spacious floor plan. This gem has an updated kitchen w/island w/eating bar, SS appliances, Quartz countertops, soft close drawers, W/D. PEX plumbing throughout , recently serviced AC, recent roof 2019. Recent windows installed throughout, heater & security system. This is the first time this 4 bedroom, 2 bath house has ever been on the market, it has lots of potential, bring your vision & finishing touches! Friendly neighborhood, close to Nob Hill Park and schools. Minutes from Beltway 8, Town & Country and Memorial city shopping and medical center. This home has never flooded and is being sold in As is.

Investor Tools

Property Icon
$582,000
Estimated Property Value
$517,901Estimated Mortgage Balance
$64,099Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,492 /month
Positive
Cash Flow Estimate:
$1,164 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,024
$555,558
2025
$223,300
$332,258
$555,558
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,024
$555,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$548,050
No
First
May 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$517,901
$64,099
11%
89%
$3,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,286/mo
$-1,006/mo
4.7%

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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