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$386,860

NAL Estimated Property Value

7139 Myrtle St, Houston, TX, 77087

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,484 Sq Ft
Multi FamilyMulti Family
price_per_sqft$123.13 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size8,851 sqft

Building Information

Year Built1935

Land Information

APN0601260140003
Lot Number4
SubdivisionPecan Park
Land UseResidential
Legal DescriptionLT 4 & TR 3 BLK 13 PECAN PARK
Census Tract311300
Assessed Land Value$80,360
Assessed Improvement Value$306,500
Assessment Year2025

About this property

Spacious 3 bedroom 2 bath home plus a large triplex in the back! Features (3) three 1-bedoom units! 2 driveways, plenty of parking, big oversized lot! Sold AS IS** Central AC in all units! All appliances are included in the sale except washer/dryer in 2 units which belong to the tenants. All bills paid. 2 gas meters, 2 electric meters, 2 water meters.

Investor Tools

Property Icon
$386,860
Estimated Property Value
$229,849Estimated Mortgage Balance
$157,011Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$892/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,772
$386,860
2025
$80,360
$306,500
$386,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,772
$386,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$262,500
No
First
Jan 8, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,849
$157,011
40%
59%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,574/mo
+$148/mo
5.3%

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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7139 Myrtle St | Property Details | No Agent List