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Owner Contacts

$445,000

NAL Estimated Property Value

2226 Hialeah Drive, Houston, TX, 77018

Off Market

3 Beds

1 Bath

1,194 Sq Ft

Single Family Residence

$267.17 / sqft

Built in 1953

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Dishwasher

FlooringWood

Exterior

Lot Size7,079 sqft

Building Information

Year Built1953

Stories1

Garage Spaces1

Land Information

APN0731000910023

SubdivisionOak Forest

Land UseResidential

Legal DescriptionTRS 23A & 24B BLK 14 OAK FOREST SEC 13

Census Tract531200

Assessed Land Value$371,842

Assessed Improvement Value$51,534

Assessment Year2025

About this property

EXCEPTIONAL LOW PRICE - In OAK FOREST!! Welcome Home!! Quaint Ranch Style 3 BR, 1 bath home remodeled in 2014 w/excellent curb appeal. Front entry opens to main living and dining area w/a neutral palette, light & bright, large windows, & real wood flooring throughout. The functional spacious kitchen includes a glass cooktop range, stainless steel appliances, fridge that stays, white cabinetry, good storage & prep, & a large laundry room just off kitchen & garage! Great flow throughout w/ 3 bedrooms & an updated bath that includes decorative lighting, & a tub/shower combo. The plumbing has been totally redone. Texas-Sized backyard w/ a shed & privacy fence, great for entertainment & outdoor activities! This home has so much potential - is totally livable, rents exceptionally well, or could be remodeled, in a highly desirable neighborhood that is central to Houston, close to 610 & 290, and just steps away from the TC Jester park, dog park, disc golf park. NEVER FLOODED!!

Investor Tools

$445,000

Estimated Property Value

$259,765Estimated Mortgage Balance

$185,235Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,670 /month

Positive

Cash Flow Estimate:

$890 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$620/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,218

$423,376

2025

$371,842

$51,534

$423,376

Tax History

Year

Tax Paid

Assessed Value

2024

$5,218

$423,376

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Paramount Bank

Conventional

$285,000

First

Sep 18, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$259,765

$185,235

41%

58%

$1,709/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,709/mo

+$13/mo

4.6%

Learn About the Market: Opportunity in Houston

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