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$513,000

NAL Estimated Property Value

2115 Althea Dr, Houston, TX, 77018

Recently SoldInfo
8/31/26
Beds3 Beds
Baths2 Bath
Baths1,582 Sq Ft
price_per_sqft$366.62 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringEngineered Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,131 sqft

Building Information

Year Built1966
Stories1
Garage Spaces1

Land Information

APN0731000830015
Lot Number15
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 15 BLK 6 OAK FOREST SEC 13
Census Tract531200
Assessed Land Value$370,708
Assessed Improvement Value$56,429
Assessment Year2025

About this property

Beautifully updated ranch home in the heart of Oak Forest! This 3-bedroom, 2-bath home blends timeless charm with extensive modern updates. A professionally designed custom kitchen opens to inviting living spaces with vaulted ceilings that create a bright, spacious feel. The primary and guest baths were fully renovated, complemented by new flooring, custom utility room cabinetry, and a custom primary closet. All of these updates were completed in 2023. Additional improvements include updated plumbing (2021), irrigation and drainage (2023), fencing (2023), and fresh interior paint. Enjoy a covered patio and oversized, private backyard, perfect for relaxing or entertaining. Just minutes from TC Jester Park, walking trails, coffee shops, and local restaurants, this home is in one of the most beloved neighborhoods known for its strong sense of community and fun neighborhood events.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$334,686Estimated Mortgage Balance
$178,314Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$756/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,506
$427,137
2025
$370,708
$56,429
$427,137
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,506
$427,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Preferred Lending Solutions Llc
Conventional
$367,200
No
First
Nov 4, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,686
$178,314
34%
65%
$2,202/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,202/mo
$-480/mo
4.0%

City: Houston

2115 Althea Dr | Property Details | No Agent List