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Owner Contacts

$152,000

NAL Estimated Property Value

7122 Avenue O, Houston, TX, 77011

Off Market

3 Beds

1 Bath

842 Sq Ft

Single Family Residence

$184.09 / sqft

Built in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

FlooringWood

Exterior

Lot Size2,500 sqft

Building Information

Year Built1930

Stories1

Land Information

APN0252040000037

Lot Number37

SubdivisionMagnolia Park

Land UseResidential

Legal DescriptionLT 37 BLK 130 MAGNOLIA PARK SEC 2

Census Tract311002

Assessed Land Value$67,500

Assessed Improvement Value$73,989

Assessment Year2025

About this property

This quaint unique 3 bed/1 bath home w/ Central Air & Heat located in the East End Revitalized area sits on a 2500k sq ft lot and is priced to sell. Although a "Shotgun" Style home, this home gives a character feeling like stepping back in time. Inviting front porch just waiting for you to install a porch swing to relax outside. Original Hardwood floors, spacious bedrooms. This home has never flooded during any of the heavy storms. A must-see home perfect for that starter home or an investor looking to buy and hold to add this rental to your Property portfolio. Either way, this home will not last long. Centrally located and minutes from Downtown, U of H, Midtown & Med Center with easy access to I-45/59/610/225 and more. Schedule your showing today!

Investor Tools

$152,000

Estimated Property Value

$0Estimated Mortgage Balance

$152,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$930 /month

Positive

Cash Flow Estimate:

$310 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$253/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,281

$141,489

2025

$67,500

$73,989

$141,489

Tax History

Year

Tax Paid

Assessed Value

2024

$2,281

$141,489

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$143,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

10.3%

Learn About the Market: Opportunity in Houston

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