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$2,495,000

1237 Althea Drive, Houston, TX, 77018

On MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,867 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$425.26 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 6Bathrooms 6
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Wine Refrigerator, Convection Oven, Double Oven, Electric Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Indoor Grill, Induction Cooktop, Dishwasher
FlooringEngineered Wood, Tile, Wood

Exterior

Exterior FeaturesSide Yard, Sprinkler System
Lot Size10,441 sqft

Building Information

Garage Spaces3

Land Information

APN0730990050001
Lot Number1
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 1 BLK 5 OAK FOREST SEC 1
Census Tract531100
Assessed Land Value$538,020
Assessment Year2024

About this property

Stunning home on one of Oak Forest’s largest lots, Zoned to Oak Forest Elementary. This striking 5-bedroom, 5.5-bath home pairs luxurious design with exceptional functionality. Soaring 12-foot ceilings, chef’s kitchen, additional scullery kitchen, and full wet bar. Primary bedroom features tower windows, sitting area, beverage center, oversized walk-in closet w/ dressing area, an elegant chandelier over looks soaking tub, His and Her White Oak vanities, and dramatic 7-foot shower. Extra large covered back patio w/ outdoor dining, fireplace and summer kitchen, overlooking a huge backyard. A private downstairs guest en-suite, 3 secondary bedrooms up all w/ private bath and closet. Game room with surround-sound and true dark media room. Large home office, beautiful utility room up, mudroom entry from Oversized garage w/ workshop. Foam insulation, whole-home dehumidifier, tankless water heaters. Solar, Generator, EV charger, smart-home, and elevator-ready. Security cameras, alarm included!

Investor Tools

$0Estimated Mortgage Balance
$1,695,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,970 /month
Positive
Cash Flow Estimate:
$4,990 /month

Interested in this property?

Mark Maniha

Mark Maniha Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,204
$538,020
2024
$538,020
N/A
$538,020
No

Tax History

Year
Tax Paid
Assessed Value
2023
$11,204
$538,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,695,000
100%
0%
$0/mo

City: Houston

1237 Althea Drive | Property Details | No Agent List