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Owner Contacts

$346,000

NAL Estimated Property Value

4422 De Milo Dr, Houston, TX, 77092

Off Market

2 Beds

2 Bath

1,196 Sq Ft

Single Family Residence

$291.81 / sqft

Built in 1953

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Washer

FlooringTile, Wood

Exterior

Lot Size8,398 sqft

Building Information

Year Built1953

Stories1

Garage Spaces1

Land Information

APN0804150000023

Lot Number23

SubdivisionOak Forest

Land UseResidential

Legal DescriptionLT 23 BLK 9 OAK FOREST SEC 15

Census Tract531600

Assessed Land Value$249,600

Assessed Improvement Value$84,511

Assessment Year2025

About this property

Welcome to 4422 De Milo Drive! This beautifully maintained home is in the heart of Oak Forest. Situated on a generous corner lot with a gorgeous mature tree, this charming property offers a functional layout and inviting curb appeal. Inside, you’ll find warm hardwood floors, abundant natural light, and comfortable living spaces perfect for everyday living and entertaining. The kitchen flows seamlessly into the main living area, creating an ideal gathering space. Step outside to a spacious backyard with room to expand, add a pool, or create your dream outdoor retreat. Conveniently located near parks, schools (Buyer to verify eligibility), shopping, dining, and major highways, this home offers the perfect balance of neighborhood charm and city convenience.

Investor Tools

$346,000

Estimated Property Value

$322,535Estimated Mortgage Balance

$23,465Estimated Equity

5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,094 /month

Positive

Cash Flow Estimate:

$698 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$552/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,890

$334,111

2025

$249,600

$84,511

$334,111

Tax History

Year

Tax Paid

Assessed Value

2024

$4,890

$334,111

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

C & T Mortgage Inc

Conventional

$323,000

First

Apr 24, 2026

May 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$322,535

$17,465

93%

$1,937/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,937/mo

$-630/mo

4.5%

Learn About the Market: Opportunity in Houston

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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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