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$228,000

NAL Estimated Property Value

7018 Krause Dr, Houston, TX, 77489

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,683 Sq Ft
price_per_sqft$142.54 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size7,412 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2150-06-003-0820-907
Lot Number82
SubdivisionBriargate Sec 6
Land UseResidential
Legal DescriptionBRIARGATE SEC 6, BLOCK 3, LOT 82
Census Tract670300
Assessed Land Value$68,900
Assessed Improvement Value$137,502
Assessment Year2025

About this property

Say hello to this beauty with plenty of updates that will make for a wonderful new home. Move-in ready, featuring 3 bedrooms,2 full bathrooms, an open kitchen, and plenty of open living space that will please the eye from every angle. New roof, new water heater, new windows, fresh interior & exterior paint, new vinyl plank flooring, quartz countertops, and stainless-steel appliances. Come and see this home quick, it won’t last long!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$244,236Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,725
$206,402
2025
$68,900
$137,502
$206,402
Yes (2004)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,725
$206,402

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$11,875
No
First
Mar 17, 2025
Mar 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,236
N/A
0%
107%
$1,496/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,746/mo
+$444/mo
11.5%

City: Houston

7018 Krause Dr | Property Details | No Agent List