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$165,320

NAL Estimated Property Value

7123 La Paseo St, Houston, TX, 77087

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,431 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0720930070015
Lot Number15
SubdivisionOakland Plaza
Land UseResidential
Legal DescriptionLT 15 BLK 7 OAKLAND PLAZA SEC 2
Census Tract332600
Assessed Land Value$49,119
Assessed Improvement Value$116,201
Assessment Year2025

About this property

You will love this beautiful home. This home has laminate floors in the main areas of the home as well as tasteful ceramic tile in the kitchen and bath, carpet with extra thick padding in the bedrooms. The kitchen has quartz countertops and crown molding giving it that feel of a high end home. Lots of natural light throughout. You will love this property, it is a must see!!

Investor Tools

Property Icon
$165,320
Estimated Property Value
$147,890Estimated Mortgage Balance
$17,430Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$992 /month
Positive
Cash Flow Estimate:
$331 /month

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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
$3,024
$165,320
2025
$49,119
$116,201
$165,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,024
$165,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ecu Mortgage Llc
Fha
$171,092
Yes
First
Jul 31, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,890
$34,110
18%
89%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,026/mo
+$281/mo
9.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7123 La Paseo St | Property Details | No Agent List