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$487,000

NAL Estimated Property Value

831 Wakefield Drive A, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.4 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size1,917 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1370810010010
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BLK 1 WAKEFIELD CROSSING
Census Tract531000
Assessed Land Value$189,400
Assessed Improvement Value$297,600
Assessment Year2025

About this property

Nestled in a gated Oak Forest community, this three-story home offers 3 bedrooms, 3.5 baths, and 2,456 sq ft of thoughtfully designed living space. A first-floor bedroom with ensuite bath provides flexibility for guests or a home office, while the second floor showcases open-concept living with hardwood floors, abundant windows, & seamless flow from the dining area to the kitchen. The chef’s kitchen features granite counters, stainless appliances, a large island, & wine bar that opens to a covered balcony for easy entertaining. The primary suite on the third floor includes custom built-ins, a walk-in closet & a spa-like bath with dual sinks, soaking tub, and glass shower. A secondary bedroom and a third-floor laundry complete this space. Outdoor living is enhanced with both a private balcony and a fenced backyard with covered patio. Enjoy close proximity to Oak Forest favorites including d’Alba Craft Kitchen & Cocktails, neighborhood parks, and quick access to major freeways.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$411,603Estimated Mortgage Balance
$75,397Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,601
$487,000
2025
$189,400
$297,600
$487,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,601
$487,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Conventional
$414,000
No
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,603
$75,397
15%
85%
$2,483/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,483/mo
$-761/mo
4.2%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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831 Wakefield Drive A | Property Details | No Agent List