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$468,429

NAL Estimated Property Value

2227 Libbey Drive, Houston, TX, 77018

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths1 Bath
Baths1,333 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.73 / sqft
Year BuiltBuilt in 1954

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,427 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0731010050008
Lot Number8
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 8 BLK 5 OAK FOREST SEC 14
Census Tract531200
Assessed Land Value$380,328
Assessed Improvement Value$88,101
Assessment Year2025

About this property

NEVER FLOODED - Nestled in the highly desired Oak Forest subdivision, this meticulously maintained and spacious single story home offers the convenience of a superb location coupled with high-end finishes and upgrades. Immediately upon entry you are greeted with gleaming hardwood floors that connect directly to your upgraded kitchen, featuring quartz countertops, stainless steel appliances, farmhouse sink, soft-closed drawers, and much more! The kitchen also offers direct access to your breakfast nook and dining area - perfect for entertaining family and friends! All bedrooms feature hardwood floors and the full bathroom has been upgraded to feature a standalone shower with bench, mosaic tiles, and vanity. Enjoy the lower energy costs from the energy efficient windows, the comfort of an in-house utility room, and the humungous backyard - this home has it all!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,311
$468,429
2025
$380,328
$88,101
$468,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,311
$468,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$286,500
No
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,448
$215,981
46%
54%
$1,718/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,718/mo
$-411/mo
3.3%

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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2227 Libbey Drive | Property Details | No Agent List