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$555,000

NAL Estimated Property Value

969 Wakefield Dr, Houston, TX, 77018

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths1,950 Sq Ft
Multi FamilyMulti Family
price_per_sqft$315.33 / sqft
Year BuiltBuilt in 1936

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesRange

Exterior

Lot Size7,501 sqft

Building Information

Year Built1936

Land Information

APN0630630000188
SubdivisionOak Grove
Land UseResidential
Legal DescriptionTR 50E OAK GROVE
Census Tract531000
Assessed Land Value$375,000
Assessed Improvement Value$71,800
Assessment Year2025

About this property

Incredible investment opportunity on bustling Wakefield Drive! Prime location with exceptional walkability to local bars, restaurants, and breweries. Ideal for redevelopment—residential or commercial—or as a short-term rental investment. Property includes three residential units: a duplex and a single-family home. One unit is tenant-occupied on a month-to-month lease. Sold at lot value, as-is, where-is.

Investor Tools

Property Icon
$555,000
Estimated Property Value
$351,202Estimated Mortgage Balance
$203,798Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,689 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,018
$446,800
2025
$375,000
$71,800
$446,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,018
$446,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$352,218
No
First
Mar 25, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,202
$227,798
39%
63%
$2,112/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$2,112/mo
$-1,017/mo
2.4%

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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969 Wakefield Dr | Property Details | No Agent List