Last 24 Hours
$599,000
1423 Thornton Rd, Houston, TX, 77018
Pending
3 Beds
2 Bath
1,475 Sq Ft
Single Family Residence
$406.1 / sqft
Built in 1949Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingAppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringBrick
Exterior
Lot Size6,765 sqft
Building Information
Year Built1949
Stories1
Land Information
APN0731000580014
Lot Number14
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 14 BLK 82 OAK FOREST SEC 9
Census Tract531700
Assessed Land Value$468,953
Assessed Improvement Value$41,893
Assessment Year2025
About this property
Charming cottage home in the sought after Oak Forest neighborhood. Location, location, location for this one. Three bedrooms with plenty of lighting and space. The kitchen has a nice island with stove.
Investor Tools
$371,112Estimated Mortgage Balance
$206,888Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$906/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,977
$510,846
2025
$468,953
$41,893
$510,846
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,977
$510,846
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Va
$420,298
Yes
First
Sep 5, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,112
$206,888
35%
64%
$2,520/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,520/mo
$-798/mo
3.6%
12.4%