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$239,000

7145 Avenue K, Houston, TX, 77011

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.31 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Oven, Gas Range

Exterior

Lot Size5,001 sqft

Building Information

Year Built1936
Garage Spaces1

Land Information

APN0251840000010
Lot Number10,11
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 10 & 11 BLK 100 MAGNOLIA PARK SEC 2
Census Tract311002
Assessed Land Value$90,000
Assessed Improvement Value$61,532
Assessment Year2025

About this property

Look no more. Can also be sold as a triplex package. COMPLETELY FULLY REMODELED, this beautiful 1-story home sits on a quiet street. 3 BR, 2 bath, open floor plan. New kitchen cabinets to ceiling with countertops and island, new stainless steel appliances. Exterior features everything brand new including siding, insulation (walls & attic), doors, 30yr roof, central A/C, water heater, and new electrical wiring throughout. Everything interior/exterior has been completely remodeled and updated. Luxury wood-look waterproof vinyl plank floors throughout. Both bathrooms feature tile floors, tile shower surrounds, new toilets, and new vanities with tops, showcasing high-end finishes. Architectural details and upgrades that rival new construction. Fresh interior and exterior paint. All plumbing lines replaced with new CPVC/PEX. A tremendous value in the area and neighborhood

Investor Tools

$177,100Estimated Mortgage Balance
$60,169Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

Interested in this property?

Larry Reyes

Vive Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$151,532
2025
$90,000
$61,532
$151,532
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$151,532

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kar Capital Enterprises Inc
Conventional
$180,000
No
First
Jun 3, 2025
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,100
N/A
0%
75%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,080/mo
+$642/mo
8.7%

City: Houston

7145 Avenue K | Property Details | No Agent List