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Owner Contacts

$238,433

NAL Estimated Property Value

315 N Forest Blvd, Houston, TX, 77090

Off Market

4 Beds

3 Bath

2,005 Sq Ft

$104.74 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

FlooringCarpet

Exterior

Lot Size6,660 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN1004190000017

Lot Number17

SubdivisionNorth Forest

Land UseResidential

Legal DescriptionLT 17 BLK 4 NORTH FOREST SEC 1

Census Tract550305

Assessed Land Value$40,297

Assessed Improvement Value$198,136

Assessment Year2025

About this property

Step into this beautifully updated 4-bedroom, 2.5-bathroom gem offering 2,005 sqft of living space on a spacious 6,659 sq ft lot. Originally built in 1970, near The Woodlands mall and minutes away from George Bush Intercontinental Airport. This home effortlessly blends timeless charm with modern upgrades: Freshly painted interior New shingle roof, upgraded breaker box open-concept kitchen & living room perfect for entertaining. Whether you're a first-time buyer or looking for the perfect place to grow your family, this home is move-in ready and waiting for you. Contact us today for your private showing and let’s make this home yours.

Investor Tools

$238,433

Estimated Property Value

$193,797Estimated Mortgage Balance

$44,636Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,431 /month

Positive

Cash Flow Estimate:

$477 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$233/month

$310/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,598

$238,433

2025

$40,297

$198,136

$238,433

Tax History

Year

Tax Paid

Assessed Value

2024

$1,598

$238,433

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Obsidian Financial Services Inc

Fha

$196,377

Yes

First

Aug 29, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$193,797

$44,636

18%

81%

$1,178/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,320/mo

$1,488/mo

+$832/mo

11.7%

Learn About the Market: Opportunity in Houston

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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.

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