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$313,000

NAL Estimated Property Value

5050 Woodway Drive 7G, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,996 Sq Ft
price_per_sqft$142.79 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1965

Land Information

APN0984670000031
SubdivisionExecutive House Of Houston
Land UseResidential
Legal DescriptionAPT 7G .018750 INT COMMON LAND & ELE EXECUTIVE HOUSE OF HOUSTON
Census Tract431701
Assessed Land Value$45,786
Assessed Improvement Value$195,192
Assessment Year2025

About this property

Conveniently located between Tanglewood and Memorial Park,Executive House's 7G is a spacious two bed,two bath unit with tons of potential!The home features abundant natural light and an expansive wraparound balcony with a spectacular southwest views of St Martin's Church and the treetops of Tanglewood. Both bedrooms are generous in size with one ensuite bath and the second bathroom located in the hall.The monthly maintenance fee includes: water, electricity, trash, basic cable, concierge, ad a hotel-like pool with sauna overlooking a Koi pond and five guest suite cabanas. The unit includes two assigned parking spaces (69 and 78). Opportunities in this unique mid-century mid-rise dont come around often. Schedule a showing today and make 7G your own! All info per seller

Investor Tools

Property Icon
$313,000
Estimated Property Value
$149,239Estimated Mortgage Balance
$163,761Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
$1,439/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,172
$240,978
2025
$45,786
$195,192
$240,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,172
$240,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$165,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,239
$163,761
52%
48%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,429/mo
$-789/mo
6.3%

City: Houston

5050 Woodway Drive 7G | Property Details | No Agent List