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$544,000

NAL Estimated Property Value

1925 Althea Drive, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.03 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,398 sqft

Building Information

Year Built1950
Stories1
Garage Spaces4

Land Information

APN0731000610001
Lot Number1
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 1 BLK 3 OAK FOREST SEC 10
Census Tract531200
Assessed Land Value$405,600
Assessed Improvement Value$18,535
Assessment Year2025

About this property

Situated on a large corner lot in highly sought-after Oak Forest, this well-maintained home offers 3 bedrooms, 2 baths, and rare additional living spaces for a home of its age—including a second family room and a flexible area off the primary suite. The detached garage features a temperature-controlled office, perfect for working from home. Notable upgrades include double-pane windows, vinyl siding, an updated primary bathroom, recently installed flooring, a new backyard fence, and an updated kitchen with range, refrigerator, and sink, along with custom cabinetry in the family room. Ideally located near major thoroughfares, three neighborhood parks, and some of Houston’s best local dining, this home combines space, functionality, and an unbeatable location.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$281,884Estimated Mortgage Balance
$262,116Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,804
$424,135
2025
$405,600
$18,535
$424,135
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,804
$424,135

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Capital Lp
Conventional
$316,000
No
First
Oct 7, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,884
$262,116
48%
52%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,945/mo
$-223/mo
3.8%

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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1925 Althea Drive | Property Details | No Agent List