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$180,982

7043 Avenue L, Houston, TX, 77011

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.17 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central

Exterior

Lot Size2,500 sqft

Building Information

Year Built1936

Land Information

APN0511140070003
Lot Number3
SubdivisionMagnolia Park Extn
Land UseResidential
Legal DescriptionLT 3 BLK 7 MAGNOLIA PARK EXTN
Census Tract311002
Assessed Land Value$67,500
Assessed Improvement Value$113,482
Assessment Year2025

About this property

Step into this recently updated Gem in the greater East end! Ideal for new homeowners, this property boasts a fresh kitchen, modern flooring, energy efficient windows, a sturdy roof and a new HVAC system. Situated just moments away from downtown, Minute maid park and the lively East river area. The home offers a vibrant city lifestyle, you don't want to miss out on this opportunity, make this newly remodeled abode your own. Schedule a showing today! Buyer to verify all details independently, survey available.

Investor Tools

Property Icon
$180,982
Estimated Property Value
$133,846Estimated Mortgage Balance
$5,676Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,365
$180,982
2025
$67,500
$113,482
$180,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,365
$180,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Section 8 Solutions Llc
Unknown
$133,846
No
First
Nov 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,306
$5,676
3%
97%
$1,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,061/mo
+$246/mo
8.7%

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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7043 Avenue L | Property Details | No Agent List