$450,000
2330 Saxon Drive, Houston, TX, 77018
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,364 sqft
Building Information
Year Built1955
Stories1
Garage Spaces1
Land Information
APN0731010110032
Lot Number32
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 32 & TR 31A BLK 11 OAK FOREST SEC 14
Census Tract531200
Assessed Land Value$364,221
Assessed Improvement Value$78,661
Assessment Year2025
About this property
This home is a handyman special in need of updates and presents an excellent investment opportunity. Located in the beautifully redesigned Oak Forest subdivision, the area offers tree-lined streets, parks, and a strong sense of community. Residents enjoy convenient access to shopping, dining, and major highways, making commuting easy. Nearby schools, walking trails, and local hotspots add to the neighborhood’s appeal, while ongoing development continues to enhance property values and long-term potential.
Investor Tools
$439,752Estimated Mortgage Balance
$6,248Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,255
$442,882
2025
$364,221
$78,661
$442,882
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,255
$442,882
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deal Funding Llc
Building Or Construction Loan
$453,955
No
First
Sep 13, 2024
Oct 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,752
$6,248
1%
99%
$2,722/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,722/mo
$-1,000/mo
4.6%
