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$303,000

NAL Estimated Property Value

2004 Forest Oaks Dr, Houston, TX, 77017

$324,246 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,117 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.78 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size11,661 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN0902710000039
Lot Number39
SubdivisionMeadowcreek Village
Land UseResidential
Legal DescriptionLT 39 BLK 42 MEADOWCREEK VILLAGE SEC 7
Census Tract321700
Assessed Land Value$65,198
Assessed Improvement Value$203,873
Assessment Year2025

About this property

Welcome to a spacious 4-bedroom, 2-bath home in the coveted Meadowcreek Village, where comfort meets style. This charming residence features a generous family room and an expansive kitchen, offering plenty of space for everyday living and entertaining. Step outside to your private backyard oasis, perfect for gatherings, or enjoy the versatility of a detached garage for your projects. Discover a new world of possibilities in this inviting home directly across the street from Meadowcreek Park, which offers a covered basketball pavilion, tennis court, baseball/softball field, and playground—conveniently located to Hobby Airport, Ellington Field, and minutes from Downtown. The home has never flooded. Bring all offers; Sellers are highly motivated.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$184,931Estimated Mortgage Balance
$118,069Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$324,246
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,182
$269,071
2025
$65,198
$203,873
$269,071
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,182
$269,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ymjc Llc
Commercial
$190,000
No
First
Nov 8, 2024
Nov 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,931
$104,069
36%
61%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,140/mo
+$1,086/mo
8.8%

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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2004 Forest Oaks Dr | Property Details | No Agent List