Last 24 Hours
$385,000
7002 Santa Maria St, Houston, TX, 77023
On Market
Just Added
4 Beds
2 Bath
1,802 Sq Ft
Built in 1949Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size15,481 sqft
Building Information
Year Built1949
Garage Spaces4
Land Information
APN0141890000577
Lot Number577-579
SubdivisionForest Hill
Land UseResidential
Legal DescriptionLTS 577 578 & 579 FOREST HILL
Census Tract311200
Assessed Land Value$208,829
Assessed Improvement Value$73,450
Assessment Year2025
About this property
Cleared and ready to build. This 3 lot tract offers loads of possibilities. The property is cleared and all utilities are available (per seller as a house was torn down and occupied until recently) making it perfect for redevelopment. Close to Dowtown ad major highways.
Investor Tools
$0Estimated Mortgage Balance
$304,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,906
$282,279
2025
$208,829
$73,450
$282,279
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,906
$282,279
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$307,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
8.8%
12.4%