NoAgentList RatingHow are grades calculated?

5Days on Market

1view

$599,000

$665,000

5019 Oak Forest Dr, Houston, TX, 77018

$716,345 ARV

On Market

Just Added

Price Drop

4 Beds

3 Bath

2,294 Sq Ft

Single Family Residence

$261.12 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size8,851 sqft

Building Information

Year Built1964

Stories1

Garage Spaces2

Land Information

APN0953010000031

Lot Number31

SubdivisionCandlelight Estates

Land UseResidential

Legal DescriptionLT 31 BLK 1 CANDLELIGHT ESTATES SEC 3

Census Tract531700

Assessed Land Value$368,339

Assessed Improvement Value$137,661

Assessment Year2025

About this property

Welcome to your dream home nestled in the highly sought-after Candlelight Estates subdivision! This stunning property features a beautifully updated kitchen, modernized baths, & gorgeous new flooring throughout, offering an unbeatable blend of suburban tranquility & prime Houston location. You will love being just steps from Candlelight Park, a vibrant neighborhood hub that hosts fantastic community events, seasonal camps, & youth programs throughout the year. The neighborhood boasts incredibly easy access to the 610 Loop & Highway 290, making commutes to Downtown, The Heights & the Galleria a breeze. Enjoy the vibrant local dining scene along nearby Ella/34th or take a quick bike ride over to the beautiful White Oak Bayou Greenway Trail. Zoned to highly coveted schools & minutes from Oak Forest Elementary. Surrounded by a tight-knit community, this gem offers the premier lifestyle you have been looking for. Contact us today to schedule your private tour.

Investor Tools

$383,019Estimated Mortgage Balance

$236,767Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$716,345

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,714 /month

Positive

Cash Flow Estimate:

$1,238 /month

Interested in this property?

Alex Eureste

Tejas Realty Group

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,102/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,127

$506,000

2025

$368,339

$137,661

$506,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,127

$506,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Baxter Cu

Conventional

$432,000

First

Sep 25, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$383,019

$122,981

24%

62%

$2,591/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,591/mo

$-869/mo

3.3%

Learn About the Market: Opportunity in Houston

Explore

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.

Explore This Area