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$301,000

NAL Estimated Property Value

7038 Forbes Run Dr, Houston, TX, 77075

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,032 Sq Ft
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,306 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1412610060012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 6 FORBES CROSSING SEC 3
Census Tract333700
Assessed Land Value$38,973
Assessed Improvement Value$238,924
Assessment Year2025

About this property

Ideal for family living and entertaining, the two-story Lincoln design blends tradition with innovative spaces for the way families live. A central great room and adjacent formal dining room give families space to host large gatherings, or simply spread out and relax. The 1st floor guest suite with full bath is a rare find for this square footage and the home’s large 2nd floor game room is perfect for family movie nights. The upstairs owner's suite offers plenty of space with a generous en-suite bathroom. NOTE*** Street does not show up on GPS. Navigate to Mykawa & Almeda Genoa. Left on Almeda Genoa, Left on Forbes Brook, Right on Forbes Run

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,061
$277,897
2025
$38,973
$238,924
$277,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,061
$277,897

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$167,776
No
First
Sep 7, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,921
$138,079
47%
51%
$1,006/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,006/mo
+$1,220/mo
8.9%

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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7038 Forbes Run Dr | Property Details | No Agent List