$325,000
7047 Hobby Wind Ridge Drive, Houston, TX, 77075
Pending
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Vinyl
Exterior
Lot Size5,872 sqft
Building Information
Year Built2020
Garage Spaces2
Land Information
APN1409740040001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 4 FORBES CROSSING SEC 2
Census Tract333700
Assessed Land Value$39,313
Assessed Improvement Value$255,258
Assessment Year2025
About this property
Schedule your showing for this move-in-ready home in the Forbes Crossing community. This pristine 2020-built home offers 2,068 sqft of meticulously maintained space, featuring a functional 4-bedroom, 3-bathroom layout designed for contemporary comfort. The heart of the home is an open-concept living area that flows seamlessly into a well-equipped kitchen. Enjoy easy access to the neighborhood park right next door! Meaning you have no side or back neighbors! Full appliance package included: refrigerator, washer, and dryer!
Investor Tools
$574,625Estimated Mortgage Balance
$322,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$425/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$294,571
2025
$39,313
$255,258
$294,571
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,277
$294,571
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
N/A
Unknown
$294,566
No
First
Oct 20, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,625
N/A
0%
178%
$3,482/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,907/mo
$-1,681/mo
8.3%
