Last 24 Hours
$198,000
NAL Estimated Property Value7122 Avenue N, Houston, TX, 77011
Off Market
2 Beds
1 Bath
1,062 Sq Ft
$141.15 / sqft
Built in 1930Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingExterior
Lot Size5,001 sqft
Building Information
Year Built1930
Land Information
APN0251980000034
Lot Number34,35
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 34 & 35 BLK 120 MAGNOLIA PARK SEC 2
Census Tract311002
Assessed Land Value$90,000
Assessed Improvement Value$78,673
Assessment Year2025
About this property
Come take a look at this charming home with a big yard and about 10 minutes from downtown! This home is located near the Metro Rail and near the East End jogging/biking Trail. This home features a primary bedroom with an attached bathroom and a huge loft/bedroom right upstairs! Don't miss out on this up and coming neighborhood!
Investor Tools
$198,000
Estimated Property Value
$17,428Estimated Mortgage Balance
$180,572Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$168,673
2025
$90,000
$78,673
$168,673
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$168,673
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Contimortgage Corp
N/A
$117,000
N/A
First
Feb 10, 1999
Feb 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,428
$168,572
90%
9%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.9%
12.4%