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$667,000

NAL Estimated Property Value

1930 De Milo Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$369.5 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0731000750040
Lot Number40
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 40 BLK 85 OAK FOREST SEC 12
Census Tract531600
Assessed Land Value$390,000
Assessed Improvement Value$259,263
Assessment Year2025

About this property

Welcome to 1930 De Milo, a beautiful 3 bedroom/3 bathroom ranch-style home in the heart of Oak Forest. Situated on a 7,800sf corner lot, you'll appreciate the updated and open floor plan, built for entertaining or family living. Features include a spacious primary suite with privacy from the other bedrooms, refinished hardwood floors, a corner living room with abundant natural light throughout the day, an island kitchen with ample counter and cabinet space, wet bar, and built-in desk space. Two secondary bedrooms sit on the East side of the home, one with its own ensuite bathroom and walk-in closet, perfect for guests to have their own privacy, and another with easy access to a third, hall bathroom. Step outside and onto an over 400sf covered patio with tv connections and plenty of room for an outdoor kitchen. The sizable yard offers space for a pool with yard remaining and a beautiful, mature oak tree in the back corner of the property.

Investor Tools

Property Icon
$667,000
Estimated Property Value
$572,840Estimated Mortgage Balance
$77,450Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,434 /month
Positive
Cash Flow Estimate:
$1,478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,197
$649,263
2025
$390,000
$259,263
$649,263
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,197
$649,263

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$584,000
No
First
Apr 9, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$572,840
$164,160
22%
86%
$3,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,502/mo
$-1,780/mo
3.1%

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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