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Owner Contacts

$328,000

NAL Estimated Property Value

3815 Midforest Dr, Houston, TX, 77068

Off Market

4 Beds

3 Bath

2,499 Sq Ft

Single Family Residence

$130.05 / sqft

Built in 1971

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Lot Size9,453 sqft

Building Information

Year Built1971

Stories2

Garage Spaces2

Land Information

APN1030930000010

Lot Number10

SubdivisionOak Creek Village

Land UseResidential

Legal DescriptionLT 10 BLK 6 OAK CREEK VILLAGE SEC 1

Census Tract553001

Assessed Land Value$50,593

Assessed Improvement Value$273,576

Assessment Year2025

About this property

Beautifully-updated with pool! Welcome home to Oak Creek Village! Your four-bedroom, 2.5 bath home has tasteful updates in all the right places. You will love the modernized kitchen that features white shaker cabinets, stainless appliances, and quartz tops. The inviting family room is perfect for gathering or relaxing and is highlighted by stately beams and refinished wet bar. Unwind and play in the private backyard oasis - the replastered pool and custom patio awaits! The home boasts a 50-year metal roof and Trane HVAC. No flooding per seller. All of this in an amenity-rich northwest location. Request a showing today!

Investor Tools

$328,000

Estimated Property Value

$309,513Estimated Mortgage Balance

$18,487Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,968 /month

Positive

Cash Flow Estimate:

$656 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$352/month

$335/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,581

$324,169

2025

$50,593

$273,576

$324,169

Tax History

Year

Tax Paid

Assessed Value

2024

$2,581

$324,169

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Fha

$321,886

Yes

First

Oct 26, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$309,513

$14,656

94%

$1,988/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,250/mo

$2,323/mo

$-73/mo

8.2%

Learn About the Market: Opportunity in Houston

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