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Owner Contacts

$281,853

7101 La Paseo St, Houston, TX, 77087

Off Market

3 Beds

2 Bath

1,385 Sq Ft

Single Family Residence

$194.87 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,379 sqft

Building Information

Year Built1955

Garage Spaces2

Land Information

APN0720930050007

Lot Number7

SubdivisionOakland Plaza

Land UseResidential

Legal DescriptionLT 7 BLK 5 OAKLAND PLAZA SEC 2

Census Tract332600

Assessed Land Value$48,930

Assessed Improvement Value$232,923

Assessment Year2025

About this property

Beautifully remodeled 3 bedroom 2 bathroom home! Amazing kitchen with granite countertops, 36'' cooktop, built in oven, and tons of cabinetry for all your storage needs. Features original hardwood flooring, double pane windows, recent cement board siding, tankless water heater, recent HVAC and Roof. Primary bedroom with double sinks, and a HUGE closet! Corner lot with parking ability on two sides. Detached Guest suite/ garage apartment, complete with kitchenette, bathroom and spacious bedroom with its own HVAC unit. Storage shed also has washer/dryer connections for guest suite. House hack, and rent out the back! keep your mortgage payments low! This fantastic find wont last long!

Investor Tools

$281,853

Estimated Property Value

$264,127Estimated Mortgage Balance

$37,946Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,691 /month

Positive

Cash Flow Estimate:

$564 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$421/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,637

$281,853

2025

$48,930

$232,923

$281,853

Tax History

Year

Tax Paid

Assessed Value

2024

$3,637

$281,853

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Fha

$264,127

Yes

First

Apr 21, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$243,907

$37,946

13%

87%

$1,584/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,584/mo

+$138/mo

7.3%

Learn About the Market: Opportunity in Houston

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