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B+
NoAgentList RatingHow are grades calculated? Info

$242,820

7023 Plum Creek Trail Ln, Houston, TX, 77087

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.87 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2,614 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1265600010012
Lot Number12
SubdivisionPlum Creek Terrace
Land UseResidential
Legal DescriptionLT 12 BLK 1 PLUM CREEK TERRACE
Census Tract311702
Assessed Land Value$40,635
Assessed Improvement Value$202,185
Assessment Year2025

About this property

This home has new paint, new carpet, new shutter-blinds, and more! Owners are still completing some improvements which include new sod in backyard and replacing a couple windows. The Front Door opens to a long entry hall that leads to a 1st floor bedroom with private bath and access to a huge 37x32 fenced backyard! On the 2nd Level, at the top of the stairs is a privately tucked away Powder Room. As you walk into the main living area, you will love the large open 33x22 Kitchen, Dining, Living combo-room! It's huge, with windows all around! There is an 11-foot long kitchen island, a 4x3 walk-in pantry and a 7x6 Utility Room. On the 3rd floor, at the top of the stairs is a 5x4 walk-in closet, plus there is second 11x7 closet in the bath area. The large 19x14 Primary Bedroom has great windows that look onto the backyard. There is a oversized soaking tub with shower in the bath. This is a great "inside-the-Loop" Location with easy access to Downtown, Med Center and U of H!

Investor Tools

Property Icon
$242,820
Estimated Property Value
$242,500Estimated Mortgage Balance
$14,846Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
$2,099/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,203
$242,820
2025
$40,635
$202,185
$242,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,203
$242,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cathay Bank
Conventional
$242,500
No
First
Feb 15, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,974
$14,846
6%
94%
$1,454/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,553/mo
$-2,246/mo
6.5%

Learn About the Market: Opportunity in Houston

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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 Plum Creek Trail Ln | Property Details | No Agent List