43
Map
$974,999
●
House -
For Sale
2318 Althea Drive
Houston, TX 77018
5 Beds
3 Baths,
1
Half Bath
3,047 Ft²
$6,579
Est. Monthly
About This Property
Leave your spreadsheets at home-you won't need 'em-this Oak Forest
home checks all the boxes! Off the Entry is a private Library with
built-ins, a large Dining Room and the Great Room open to the
Kitchen with center island, gas Range and Pantry. First Floor Suite
is a picture-perfect spot for your Guests. Second floor Master
Suite is spacious and gracious with spa-esque Bath and walk-in
Closet. Three secondary bedrooms share oversized Bath. Gleaming
hardwoods are underfoot everywhere you tread! Covered Deck leads to
expansive Yard plus a 300 sq. ft. Guest Cottage: [net sq. ft. of
the property is 3,367 including the Cottage-making the asking price
a competitive: $304/sq.ft.!] The Cottage is the perfect spot for a
Gym, an Office or Guests. Walk to TC Jester Park and enjoy: Jogging
Path, Playground, Pool, Dog Park + Frisbee Golf Course! Minutes to
Downtown and all the hottest restaurants, this elevated home is
everything for which you've been searching and more!
Unit Size
3,047 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$320
Property Type
House
Property Taxes
$1,791
HOA Dues
-
Year Built
2011
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 14 days ago (HAR #50916007)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by Martha Turner Sotheby's International Realty | $974,999 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Aug 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 13, 2026 | Listed by Martha Turner Sotheby's International Realty | $999,999 | |
| Listed by Martha Turner Sotheby's International Realty | |||
   | |||
|
Leave your spreadsheets at home—you won’t need ‘em—this Oak Forest home checks all the boxes! Off the Entry is a private Library with built-ins, a large Dining Room and the Great Room open to the Kitchen with center island, gas Range and Pantry. First Floor Suite is a picture-perfect spot for your Guests. Second floor Master Suite is spacious and gracious with spa-esque Bath and walk-in Closet. Three secondary bedrooms share oversized Bath. Gleaming hardwoods are underfoot everywhere you tread! Covered Deck leads to expansive Yard plus a 300 sq. ft. Guest Cottage: [net sq. ft. of the property is 3,367 including the Cottage—making the asking price a competitive: $304/sq.ft.!] The Cottage is the perfect spot for a Gym, an Office or Guests. Walk to TC Jester Park and enjoy: Jogging Path, Playground, Pool, Dog Park + Frisbee Golf Course! Minutes to Downtown and all the hottest restaurants, this elevated home is everything for which you’ve been searching and more!
| |||
| Jul 29, 2026 | Price Decreased |
$1,025,000
↓ $25K
(2.4%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Additional Parking, Garage Door Opener, Double-Wide Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Crown Molding, High Ceilings, Formal Entry/Foyer, 1 Bedroom Down - Not Primary BR, En-Suite Bath, Primary Bed - 2nd Floor, Sitting Area, Split Plan
Appliances: Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Wood
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 3047
Architectural Style: Traditional
Year Built: 2012
Building Area Total: 3047
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Brick, Cement Siding
Patio and Porch Features: Covered, Patio
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1628
Lot Size Units: Acres
Lot Size Acres: 0.1628
Lot Size Square Feet: 7091.568
Water Source: Public
Financial Details
Tax Annual Amount: $21,497
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Zoned
Heating Type: Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Houston
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Listed by: Brian Spack, Martha Turner Sotheby's International Realty
Last Updated: 14 days ago
Data Source: HAR , MLS# 50916007
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purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 14 days ago
Data Source: HAR , MLS# 50916007
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