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$385,000

NAL Estimated Property Value

2115 Forest Oaks Dr, Houston, TX, 77017

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.9 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size10,158 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0881390000003
Lot Number3
SubdivisionMeadowcreek Village
Land UseResidential
Legal DescriptionLT 3 BLK 41 MEADOWCREEK VILLAGE SEC 6
Census Tract321700
Assessed Land Value$60,320
Assessed Improvement Value$257,827
Assessment Year2025

About this property

Introducing a spacious 4-bedroom, 2-bath home that redefines comfort and style in the highly sought-after Meadowcreek Village. This charming residence boasts a family room, formal dining area, and formal living room, providing ample space for all your needs. Entertain friends and family in the inviting game room or retreat to the detached garage for your projects. With a new extra large driveway, parking is never an issue: new roof, APEX, HVAC, water heater, and solar panels. New refrigerator, Washing machine, and dryer have been added to the property. Welcome home to a new world of possibilities.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$174,986Estimated Mortgage Balance
$210,014Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,656
$318,147
2025
$60,320
$257,827
$318,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,656
$318,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$183,000
No
First
Dec 11, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,986
$197,014
52%
45%
$1,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,098/mo
+$1,128/mo
6.9%

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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2115 Forest Oaks Dr | Property Details | No Agent List