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$330,000

NAL Estimated Property Value

7044 Avenue E, Houston, TX, 77011

$429,000 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,900 Sq Ft
price_per_sqft$143.1 / sqft
Year BuiltBuilt in 1938

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
AppliancesRange, Refrigerator
FlooringLaminate, Tile, Vinyl, Wood, Hardwood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1938

Land Information

APN0390170000052
Lot Number52,53
SubdivisionCentral Park
Land UseResidential
Legal DescriptionLTS 52 & 53 BLK 31 CENTRAL PARK
Census Tract310900
Assessed Land Value$90,000
Assessed Improvement Value$234,488
Assessment Year2025

About this property

PRIME FOUR-PLEX INVESTMENT OPPORTUNITY! 100% OCCUPIED WITH LONG-TERM TENANTS! 2 separate buildings with 4 total units (there are 2 units in each building). Each unit has 2 bedrooms, 1 bathroom, a kitchen, and a living room. Flooring has been updated within the last 5 years. There is central A/C in the back building and window units in the front building. LOCATION IS MINUTES FROM DOWNTOWN, THE MEDICAL CENTER, RICE UNIVERSITY, AND THE UNIVERSITY OF HOUSTON! Owner is responsible for water, tenants are responsible for all other utilities. Combined rents are bringing in a total of $3,825 a month! 3D TOUR AVAILABLE - Add this fully leased asset to your portfolio!

Investor Tools

Property Icon
$330,000
Estimated Property Value
$353,223Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$429,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,533
$324,488
2025
$90,000
$234,488
$324,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,533
$324,488

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Conventional
$357,390
No
First
Sep 11, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,223
N/A
0%
107%
$2,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,143/mo
$-421/mo
6.3%

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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7044 Avenue E | Property Details | No Agent List