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$305,000

NAL Estimated Property Value

7023 Hobby Wind Ridge Dr, Houston, TX, 77075

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,068 Sq Ft
price_per_sqft$137.81 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,159 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1409740040007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 4 FORBES CROSSING SEC 2
Census Tract333700
Assessed Land Value$39,543
Assessed Improvement Value$248,657
Assessment Year2025

About this property

Welcome to your new 4 bed, 3 bath home with a spacious backyard and upstairs game room. This freshly painted home features new carpet and updated flooring throughout. Enjoy the open concept living area and convenient downstairs bedroom with full bath. The primary bedroom boasts a large closet for all your storage needs. Don't miss out on this move-in ready gem! Contact us for a private tour today.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$275,839Estimated Mortgage Balance
$29,161Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,203
$288,200
2025
$39,543
$248,657
$288,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,203
$288,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$284,747
Yes
First
Aug 1, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,839
$12,361
4%
90%
$1,708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,083/mo
+$143/mo
8.8%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7023 Hobby Wind Ridge Dr | Property Details | No Agent List