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$1,225,000

842 W Forest Drive, Houston, TX, 77079

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$440.65 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High EquityMove-In Ready

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
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Exterior FeaturesSprinkler System
Lot Size9,723 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0962180000011
Lot Number11
SubdivisionNottingham
Land UseResidential
Legal DescriptionLT 11 BLK 15 NOTTINGHAM SEC 2
Census Tract450200
Assessed Land Value$473,550
Assessed Improvement Value$616,658
Assessment Year2025

About this property

Modern charm awaits in this move-in ready single-story Nottingham home on a 9,720 sq ft lot. Fully renovated in 2021, this 4-bedroom, 2.5-bath home features one of the larger one-story floorplans in the neighborhood with custom finishes, vaulted family room ceilings with reclaimed wood beams, open-concept living, and no back neighbors. Kitchen opens to the family room and features a 36” gas range, coffee bar with second sink, and abundant storage. Private primary suite offers dual vanities, walk-in shower, and large closet. Major 2021 updates include roof, PEX plumbing, PVC sewer lines, tankless water heater, and Trane HVAC. Recent additions include Jellyfish app-controlled LED lighting, security cameras, Reme Halo UV light, Gladiator garage storage, and reverse osmosis system. Washer, dryer, and refrigerator included. Zoned to SBISD schools and 0.5 miles to Wilchester Elementary. HOA amenities include pools, tennis courts, parks, trash pickup, and constable patrol. All info per Seller

Investor Tools

$893,689Estimated Mortgage Balance
$308,311Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,350 /month
Positive
Cash Flow Estimate:
$2,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,418/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,009
$1,090,208
2025
$473,550
$616,658
$1,090,208
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,009
$1,090,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$990,000
No
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$893,689
$308,311
25%
74%
$5,936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$7,136/mo
$-4,406/mo
2.7%

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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842 W Forest Drive | Property Details | No Agent List