$223,000
NAL Estimated Property Value7002 Jay St, Houston, TX, 77028
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size9,753 sqft
Building Information
Year Built1955
Stories1
Garage Spaces2
Land Information
APN0771650070056
Lot Number56
SubdivisionWesley Place
Land UseResidential
Legal DescriptionLT 56 BLK 7 WESLEY PLACE
Census Tract230200
Assessed Land Value$65,813
Assessed Improvement Value$51,446
Assessment Year2025
About this property
This Home has been Fully gutted down to the studs and is a blank canvas, Ready for a someone to make this a Perfect home again.
Investor Tools
$223,000
Estimated Property Value
$156,705Estimated Mortgage Balance
$66,295Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,153
$117,259
2025
$65,813
$51,446
$117,259
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,153
$117,259
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Purchase Money Mortgage
$161,000
No
First
Nov 8, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,705
N/A
0%
70%
$966/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$966/mo
+$341/mo
7.0%
