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$414,000

NAL Estimated Property Value

2123 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$386.73 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Oven, Dishwasher
FlooringWood

Exterior

Lot Size6,821 sqft

Building Information

Year Built1960
Stories1
Garage Spaces1

Land Information

APN0731000830013
Lot Number13
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 13 BLK 6 OAK FOREST SEC 13
Census Tract531200
Assessed Land Value$368,826
Assessed Improvement Value$17,724
Assessment Year2025

About this property

Discover the allure of 2123 Althea, a delightful residence nestled in the heart of Oak Forest. Boasting a generous lot size of 6820 sqft, this move-in-ready home features 3 bed 1 bath, providing a perfect blend of comfort and style. Step into recent upgrades including a new roof installed in 2023 and Trane air conditioning added in 2022, adding durability and peace of mind. The curb appeal is further elevated with a new front door and fresh interior paint completed in 2023, offering a welcoming ambiance from the moment you arrive. Immerse yourself in the expansive backyard, providing space for outdoor activities and relaxation. Situated in the sought-after Oak Forest neighborhood, you'll enjoy the convenience of being in proximity of restaurants and shopping. This residence not only reflects charm but also captures the essence of a move-in-ready property. Embrace the comfort, style, and convenience that 2123 Althea has to offer in this desirable Oak Forest location. Welcome home!

Investor Tools

Property Icon
$414,000
Estimated Property Value
$359,126Estimated Mortgage Balance
$54,874Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,216
$386,550
2025
$368,826
$17,724
$386,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,216
$386,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$374,953
No
First
Jan 17, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,126
$64,874
15%
87%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,249/mo
$-527/mo
5.0%

City: Houston

2123 Althea Dr | Property Details | No Agent List