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$151,000

NAL Estimated Property Value

7134 Fairway Dr, Houston, TX, 77087

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths986 Sq Ft
price_per_sqft$116.63 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size8,451 sqft

Building Information

Year Built1938
Stories1
Garage Spaces1

Land Information

APN0590610090011
Lot Number11
SubdivisionGolfcrest
Land UseResidential
Legal DescriptionLT 11 BLK 9 GOLFCREST
Census Tract332800
Assessed Land Value$69,713
Assessed Improvement Value$30,283
Assessment Year2025

About this property

House is occupied with a tenant. No showings until offer accepted. Great investment property! Three bedrooms, utility in the house. Dimensions are not accurate. This house needs TLC and cleaning. New foundation work and new plumbing three years ago. New sheetrock. Big backyard, Enough to build another house or a duplex. Three bedrooms, garage has been converted into another bedroom.

Investor Tools

Property Icon
$151,000
Estimated Property Value
$2,592,010Estimated Mortgage Balance
$151,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,433
$99,996
2025
$69,713
$30,283
$99,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,433
$99,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Unknown
$1,000,000
No
First
Jul 25, 2024
Jul 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,592,010
N/A
0%
1717%
$16,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$16,069/mo
$-14,762/mo
10.4%

City: Houston

7134 Fairway Dr | Property Details | No Agent List