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$383,470

NAL Estimated Property Value

2306 Althea Dr, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,545 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0731000840021
Lot Number21
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 21 BLK 7 OAK FOREST SEC 13
Census Tract531200
Assessed Land Value$383,370
Assessed Improvement Value$100
Assessment Year2025

About this property

Charming home in highly desired OAK FOREST EAST. Easy access to 610, Galleria, Downtown and just steps away from TC Jester jogging/ bike trails and dog park. Original hardwoods throughout with stainless steel appliances and granite countertops. This home features a new high efficiency 2-stage HVAC with smart thermostat, new roof, new sewer & water lines, tiled backsplash, crown molding and a freshly epoxied garage floor that could be used as another room. Off of the living room and through the gorgeous French doors, you will love the large 21 x 18 sunroom with tons of natural light! Out back, there is a patio and an abundance of green space and even a fenced section for your organic garden or pet. Refrigerator, washer & dryer included in lease. This home has never flooded, per seller.

Investor Tools

Property Icon
$383,470
Estimated Property Value
$0Estimated Mortgage Balance
$383,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,301 /month
Positive
Cash Flow Estimate:
$767 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,940
$383,470
2025
$383,370
$100
$383,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,940
$383,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crestar Mtg Corp
N/A
$55,100
N/A
First
Mar 25, 1996
Apr 2011

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%

City: Houston

2306 Althea Dr | Property Details | No Agent List