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$989,000

NAL Estimated Property Value

618 Patchester Dr, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,528 Sq Ft
price_per_sqft$391.22 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,289 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN0985630000012
Lot Number12
SubdivisionWilchester West
Land UseResidential
Legal DescriptionLT 12 BLK 7 WILCHESTER WEST SEC 1
Census Tract450200
Assessed Land Value$497,280
Assessed Improvement Value$491,720
Assessment Year2025

About this property

Showings begin Sunday, September 15th. Welcome to this charming one-story home in the sought-after neighborhood of Wilchester West, zoned to SBISD schools, Wilchester Elementary, Memorial Middle and Stratford High. Freshly painted inside and out, this light-filled gem features high ceilings in the entry & dining and a vaulted beamed ceiling in the spacious family room which opens to a timeless kitchen. Enjoy updated windows, full interior and exterior paint(2024), fresh carpet in the bedrooms(2024), PEX plumbing, Hardiplank siding and a renovated primary bath. The open, bright ambiance creates a welcoming atmosphere, perfect for entertaining. Situated in a fantastic family-friendly community near Terry Hershey hike and bike trails, City Centre and the Energy Corridor, this home offers both comfort and convenience. All per Seller

Investor Tools

Property Icon
$989,000
Estimated Property Value
$572,383Estimated Mortgage Balance
$416,617Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,336
$989,000
2025
$497,280
$491,720
$989,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,336
$989,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Lending Pro Inc
Conventional
$589,000
No
First
Oct 15, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$572,383
$423,617
42%
58%
$3,532/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$4,332/mo
$-1,602/mo
3.3%

City: Houston

618 Patchester Dr | Property Details | No Agent List