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$317,000

2231 Laurel Forest Way, Houston, TX, 77014

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.15 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,023 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1194000020036
Lot Number36
SubdivisionLaurel Oaks
Land UseResidential
Legal DescriptionLT 36 BLK 2 LAUREL OAKS SEC 5 AMEND
Census Tract550404
Assessed Land Value$53,087
Assessed Improvement Value$206,559
Assessment Year2025

About this property

Beautifully updated 4-bedroom home on an oversized 12,023 sq. ft. lot! Fresh interior paint and brand-new flooring make this home move-in ready. The huge front yard offers excellent curb appeal, while the expansive backyard is perfect for entertaining with a large covered patio and plenty of room to add a pool, workshop, or create your dream outdoor space. With generous indoor and outdoor living areas, this property offers the perfect combination of comfort, style, and space. Don’t miss this rare opportunity to own a beautifully refreshed home on one of the largest lots in the area!

Investor Tools

Property Icon
$260,000
Estimated Property Value
$164,960Estimated Mortgage Balance
$117,723Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

Interested in this property?

Rufino Cruz

21st Century Realty Group,LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$549/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,809
$259,646
2025
$53,087
$206,559
$259,646
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,809
$259,646

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Member Home Loan
Stand Alone First / Home Equity First Lien
$164,960
No
First
Sep 25, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,277
$117,723
45%
55%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,539/mo
+$183/mo
7.9%

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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