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$357,312

NAL Estimated Property Value

7035 Brace St, Houston, TX, 77061

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.32 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size28,000 sqft

Building Information

Year Built1945
Stories1
Garage Spaces4

Land Information

APN0600080110021
Lot Number21
SubdivisionGarden Villas
Land UseResidential
Legal DescriptionLT 21 BLK 11 GARDEN VILLAS
Census Tract333600
Assessed Land Value$166,250
Assessed Improvement Value$191,062
Assessment Year2025

About this property

Come tour this one of a kind property located in the subdivision of Garden Villas. Upon entering the property you are greeted by mature pecan trees on 28000 square foot lot. The oversized 4 car detached garage is totally outfitted. There is led lights, 30 amp breaker dedicated which is great for air tools or compressor. Recently the garage was wrapped with Tyvek, hardi, and recently painted. Imagine what you could do with all that space. Upon entering the property you are greeted by a front porch where you could have you morning coffee or favorite beverage. The spacious living areas allow for great entertaining ability. Primary is suite is huge with a large walk in closet and recently replaced door that allow access to the backyard. Spacious secondary bedrooms. Recent improvements include windows which are Low E and argon filled, exterior walls injected with insulation,AC, Roof (2023). Attic over the main house is floored. Do not miss book today!!!

Investor Tools

Property Icon
$357,312
Estimated Property Value
$334,048Estimated Mortgage Balance
$23,264Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,173
$357,312
2025
$166,250
$191,062
$357,312
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,173
$357,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$346,500
No
First
May 28, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,048
$23,264
6%
93%
$2,078/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,078/mo
+$148/mo
7.5%

City: Houston

7035 Brace St | Property Details | No Agent List