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$451,000

2118 Forest Oaks Dr, Houston, TX, 77017

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,515 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.91 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Electric Range, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringBrick, Carpet, Laminate, Tile

Exterior

Lot Size23,566 sqft

Building Information

Year Built1961
Garage Spaces2

Land Information

APN0902710000003
Lot Number3
SubdivisionMeadowcreek Village
Land UseResidential
Legal DescriptionLT 3 BLK 42 MEADOWCREEK VILLAGE SEC 7
Census Tract321700
Assessed Land Value$84,174
Assessed Improvement Value$245,122
Assessment Year2025

About this property

Ask your Realtor for the list of upgrades! Nestled in the heart of a sought-after Houston neighborhood, this beautifully maintained property offers the perfect blend of modern comfort and timeless charm. With 5 bedrooms and 3 full size bathrooms, as well has 2 half baths, this spacious home is ideal for those who love to entertain. Step inside to discover an inviting floor plan featuring updated finishes, abundant natural light, and thoughtful design throughout. The gourmet kitchen is a chef’s delight, complete with stainless steel appliances and ample counter space for cooking. Outside, enjoy a large backyard oasis perfect for relaxation or gatherings, with a gorgeous partially covered back patio, perfect for entertaining. This home offers the best of suburban living with easy access to everything Houston has to offer. Don’t miss the opportunity to make this dream home yours! Schedule your private tour today.

Investor Tools

Property Icon
$451,000
Estimated Property Value
$399,000Estimated Mortgage Balance
$61,431Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,706 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,055
$329,296
2025
$84,174
$245,122
$329,296
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,055
$329,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$399,000
No
First
Jan 9, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,569
$56,431
12%
86%
$2,393/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,393/mo
$-671/mo
4.6%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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2118 Forest Oaks Dr | Property Details | No Agent List