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$259,000

7037 Blalock Drive, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.45 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size7,945 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR154268
Lot Number2
SubdivisionNorthpointe Ph 1
Land UseResidential
Legal DescriptionNORTHPOINTE PH 1 BLK 13 LOT 2
Census Tract021532
Assessed Land Value$92,235
Assessed Improvement Value$309,173
Assessment Year2025

About this property

Absolute Stunner of a remodel ready to Go! Well Cared for Home! Welcome in to Fresh paint and Contemporary Colors. This house glows and flows with new flooring taking you back to a large family room with open area! A Chef's Dream Kitchen with new Granite Counters, Gorgeous Faucet and New Painted Cabinets. Plenty of space in this home to find. Relax in your Master Retreat or find some time to Play Out Doors in this Great Back yard with Grass and Room to Grow. This home Comes with a Great Storage Shed to keep your toys in Check! Class 4 shingles for lower insurance rates and high efficiency air conditioning system for low utility bills. Prime Colony Location, Easy Acces, Great Schools and Much More!

Investor Tools

Property Icon
$401,408
Estimated Property Value
$0Estimated Mortgage Balance
$172,456Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,408 /month
Positive
Cash Flow Estimate:
$803 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,445
$401,408
2025
$92,235
$309,173
$401,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,445
$401,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$256,146
Yes
First
Nov 30, 2020
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,952
$172,456
42%
57%
$1,536/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,536/mo
+$804/mo
7.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: The Colony

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7037 Blalock Drive | Property Details | No Agent List