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$386,000

NAL Estimated Property Value

2222 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.07 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Wood

Exterior

Lot Size7,549 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0731000840019
Lot Number19
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 19 BLK 7 OAK FOREST SEC 13
Census Tract531200
Assessed Land Value$383,422
Assessed Improvement Value$1,736
Assessment Year2025

About this property

Welcome to this inviting 3-bedroom, 1-bath home nestled in the highly sought-after Oak Forest neighborhood, just north of Loop 610. This well-maintained residence features a blend of hardwood floors, tile, and carpet, creating a warm and comfortable atmosphere throughout. The converted garage offers a versatile bonus space—perfect for an extra entertaining area or man cave! Whether you're entertaining guests or enjoying a quiet night in, this flexible layout has something for everyone.

Investor Tools

Property Icon
$386,000
Estimated Property Value
$0Estimated Mortgage Balance
$386,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,773
$385,158
2025
$383,422
$1,736
$385,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,773
$385,158

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$453,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
5.4%

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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2222 Althea Dr | Property Details | No Agent List