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Owner Contacts

$498,000

NAL Estimated Property Value

3713 Oakroc Grv, Houston, TX, 77018

Off Market

3 Beds

2 Bath

2,238 Sq Ft

Single Family Residence

$192.14 / sqft

Built in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,208 sqft

Building Information

Year Built2015

Garage Spaces2

Land Information

APN1336950020006

Lot Number6

Land UseResidential

Legal DescriptionLT 6 BLK 1 HERITAGE PLACE R/P

Census Tract531000

Assessed Land Value$224,094

Assessed Improvement Value$242,896

Assessment Year2025

About this property

A beautiful 3 bedroom, 2.5 bathroom home with first floor living! A completely open concept with the kitchen opening to the dining and living areas. Engineered hardwood floors and tile floors in wet areas. Features a cozy covered patio space with turf grass. 3 bedrooms up with a flex space. A spacious primary bedroom with an extended balcony. Primary bathroom has a unique skylight letting in tons of natural light and a huge tub with an oversized shower. This is an adorable hidden gem in the heart of Oak Forest. Safe and secure with a gated entrance, additional guest parking and a small grass area for outdoor playing or entertaining.

Investor Tools

$498,000

Estimated Property Value

$365,182Estimated Mortgage Balance

$132,818Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,988 /month

Positive

Cash Flow Estimate:

$996 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$761/month

$1,250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,645

$466,990

2025

$224,094

$242,896

$466,990

Tax History

Year

Tax Paid

Assessed Value

2024

$6,645

$466,990

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Towne Mortgage Co

Conventional

$403,750

First

May 24, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$365,182

$141,818

27%

73%

$2,421/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,671/mo

$-1,949/mo

4.1%

Learn About the Market: Opportunity in Houston

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