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$1,234,000

NAL Estimated Property Value

854 W Forest Dr, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$439.96 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Wine Refrigerator, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,680 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN0970350000014
Lot Number14
SubdivisionNottingham
Land UseResidential
Legal DescriptionLT 14 BLK 15 NOTTINGHAM SEC 4 R/P
Census Tract450200
Assessed Land Value$417,450
Assessed Improvement Value$486,084
Assessment Year2025

About this property

Fantastic opportunity to get into the neighborhood! This thoughtfully updated home features a whole-home generator, hard-to-find third full bath, and a huge covered patio. Completely move-in ready home features to a formal dining with custom built-ins and wine fridge, and an enclosed office with updated cabinetry and pocket door. The kitchen shines with a breakfast island (seating for four), gas cooktop, double ovens, and sonic ice maker. Spacious family room overlooks the covered patio and generous backyard with no back neighbors. Primary suite offers a whirlpool tub, stand-up shower, and large walk-in closet. Upstairs: three roomy bedrooms, two full baths, and utility room. Additional highlights: PVC under-slab plumbing, copper supply lines, new tankless water heater, Vivint security, mosquito system, recent HVAC, new furnace, updated windows, electrical, and more! Washer, dryer and refrigerator included. Zoned to top-rated SBISD schools. All info per Seller.

Investor Tools

Property Icon
$1,234,000
Estimated Property Value
$1,238,421Estimated Mortgage Balance
$11,579Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,241/month
$408/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,720
$903,534
2025
$417,450
$486,084
$903,534
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,720
$903,534

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$1,250,000
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,238,421
$11,579
0%
100%
$7,901/mo

Learn About the Market: Opportunity in Houston

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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 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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