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$166,683

NAL Estimated Property Value

7013 Wendemere St, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths600 Sq Ft
price_per_sqft$216.5 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size14,501 sqft

Building Information

Year Built1978

Land Information

APN0162660580009
Lot Number58,59
SubdivisionHighland Acre Homes
Land UseResidential
Legal DescriptionTR 9 OF LTS 58 & 59 BLK 4 HIGHLAND ACRE HOMES
Census Tract533200
Assessed Land Value$117,175
Assessed Improvement Value$49,508
Assessment Year2025

About this property

Calling all developers, investors, and bold visionaries! This expansive 14,500 sq ft lot is your canvas in a neighborhood buzzing with new builds, duplexes, and modern infill projects. With potential to subdivide into three separate lots, the possibilities here are as big as your imagination. Whether you're dreaming of building a trio of custom homes, crafting an income-generating development, or simply holding for future appreciation, this property puts you right in the path of progress. Primely located, just 10 minutes from Downtown, 20 minutes to The Woodlands, and 20 minutes from the Galliera. That means work, play, and community are always within easy reach. Bring all offers!

Investor Tools

Property Icon
$166,683
Estimated Property Value
$89,805Estimated Mortgage Balance
$76,878Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,000 /month
Positive
Cash Flow Estimate:
$333 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,006
$166,683
2025
$117,175
$49,508
$166,683
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,006
$166,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bich Ngoc Tran
Purchase Money Mortgage
$91,000
No
First
Aug 22, 2025
Sep 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,805
$76,878
46%
54%
$546/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$546/mo
+$1,176/mo
12.4%

City: Houston

7013 Wendemere St | Property Details | No Agent List