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$815,000

2319 Cheshire Ln, Houston, TX, 77018

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,886 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$432.13 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,124 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0731010090006
Lot Number6
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 6 BLK 9 OAK FOREST SEC 14
Census Tract531200
Assessed Land Value$398,372
Assessed Improvement Value$265,077
Assessment Year2025

About this property

Nestled in Oak Forest, this 3-bed, 2-bath home blends classic character with thoughtful updates, open living spaces, and a detached back office. A 2020 remodel included full electrical and plumbing, with AC replaced in 2024. Hardwood floors, recessed lighting, and designer fixtures carry through the home. The kitchen offers quartz counters, an island, custom cabinetry, stainless appliances, and a wine/beverage fridge, opening to living and dining areas with space for a table up to 12. The primary suite features vaulted ceilings with exposed beams, a spa-inspired bath, and custom closet. Outdoors, enjoy a fenced yard, storage shed, WiFi-controlled sprinklers, hot/cold water and extra drains for a future outdoor kitchen, plus a detached back office with attic storage and a 220V connection originally installed for a custom home brew setup. The home is wired for a generator with a natural gas quick connect. Minutes from White Oak Bayou trails, HEB, Whole Foods 365, and 34th/Ella dining.

Investor Tools

$306,585Estimated Mortgage Balance
$356,864Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,890 /month
Positive
Cash Flow Estimate:
$1,630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,086/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,710
$663,449
2025
$398,372
$265,077
$663,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,710
$663,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$343,000
No
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,585
$356,864
53%
46%
$2,057/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,057/mo
$-335/mo
3.1%

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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