NoAgentList RatingHow are grades calculated?

371Days on Market

4view

$220,000

702 72nd St, Houston, TX, 77011

$222,308 ARV

On Market

4 Beds

2 Bath

1,904 Sq Ft

Duplex

$115.55 / sqft

Built in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Bathrooms Half 1

Heating

Exterior

Lot Size5,201 sqft

Building Information

Year Built1930

Land Information

APN0251510600012

Lot Number12,13

SubdivisionMagnolia Park

Land UseResidential

Legal DescriptionLTS 12 & 13 BLK 60 MAGNOLIA PARK SEC 2

Census Tract311002

Assessed Land Value$91,800

Assessed Improvement Value$121,170

Assessment Year2025

About this property

Income-generating DUPLEX located in the Greater East End of Houston is an absolute CASH COW!!! This property is perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Both units are 2 bed/1 bath units and are rented out ($950 each) already. Mini splits units have just been installed and tenants PAY ALL UTILITIES. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don’t miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity! COME SEE IT BEFORE IT’S GONE!!!

Investor Tools

$171,919Estimated Mortgage Balance

$75,607Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$222,308

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,482 /month

Positive

Cash Flow Estimate:

$494 /month

Interested in this property?

Michael Carbajal

Keller Williams Preferred

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$410/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,684

$212,970

2025

$91,800

$121,170

$212,970

Tax History

Year

Tax Paid

Assessed Value

2024

$3,684

$212,970

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Houston West Management Llc

Purchase Money Mortgage

$175,000

First

May 1, 2025

Nov 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$171,919

$161,081

48%

70%

$1,050/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,050/mo

+$257/mo

6.3%

Learn About the Market: Opportunity in Houston

Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore This Area