$154,000
NAL Estimated Property Value7106 Lockern St, Houston, TX, 77016
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size9,361 sqft
Building Information
Year Built1961
Stories1
Garage Spaces2
Land Information
APN0836510000724
Lot Number724
SubdivisionFontaine Place
Land UseResidential
Legal DescriptionLT 724 BLK 25 FONTAINE PLACE SEC 5
Census Tract231600
Assessed Land Value$57,375
Assessed Improvement Value$83,663
Assessment Year2025
About this property
3 bedrooms, (garage was converted into a bedroom or (if preferred, a bonus/game room.) One bath-room. Kitchen is off the Dining. Spacious living area for the family to relax. Utility room is part of the interior. Huge backyard.
Investor Tools
$154,000
Estimated Property Value
$142,720Estimated Mortgage Balance
$11,280Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,086
$141,038
2025
$57,375
$83,663
$141,038
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,086
$141,038
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$145,500
No
First
Apr 30, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,720
N/A
0%
93%
$873/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$873/mo
+$849/mo
13.4%
