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Owner Contacts

$250,000

NAL Estimated Property Value

7054 Woodfern Dr, Houston, TX, 77040

Off Market

3 Beds

2 Bath

1,627 Sq Ft

Single Family Residence

$137.68 / sqft

Built in 1969

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,797 sqft

Building Information

Year Built1969

Stories1

Garage Spaces2

Land Information

APN1011000000077

Lot Number77

SubdivisionWoodland Trails

Land UseResidential

Legal DescriptionLT 77 BLK 1 WOODLAND TRAILS SEC 2

Census Tract532400

Assessed Land Value$61,476

Assessed Improvement Value$185,585

Assessment Year2025

About this property

Welcome to this gorgeous free standing home perfectly nestled in the highly desirable Woodland Trails community. This ranch style home is located inside the Beltway with easy commutes to both the Galleria and Downtown and close proximity to many restaurants, shops and outdoor activities. Floor plan includes both formals, den with vaulted ceilings, breakfast nook, primary bedroom with walk in closet and en suite along with two secondary bedrooms. Kitchen offers granite counter tops and modern backsplash. Additional updates include AC and furnace replacements in 2017 along with the exterior sewer line which was replaced in 2021. Schedule your showing today!

Investor Tools

$250,000

Estimated Property Value

$214,483Estimated Mortgage Balance

$35,517Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$318/month

$120/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,568

$247,061

2025

$61,476

$185,585

$247,061

Tax History

Year

Tax Paid

Assessed Value

2024

$2,568

$247,061

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$229,761

Yes

First

Oct 14, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$214,483

$32,578

13%

86%

$1,378/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,498/mo

+$224/mo

8.3%

Learn About the Market: Opportunity in Houston

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