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$299,999

7153 Longo Drive, The Colony, TX, 75056

$357,162 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,058 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.77 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCarpet, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size7,653 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR155927
Lot Number16
SubdivisionNorthpointe Ph 2
Land UseResidential
Legal DescriptionNORTHPOINTE PH 2 BLK 2 LOT 16
Census Tract021533
Assessed Land Value$91,365
Assessed Improvement Value$309,057
Assessment Year2025

About this property

Simply adorable large corner lot home surrounded by mature trees and extra landscaping. As you walk in the front door, you will see the open living room with wood look tile on the first level and wood burning fireplace with mantel. Gourmet island kitchen features: small breakfast nook with granite window sill, granite countertops, stainless steel appliances, black cabinets with hardware and a coffee bar area. Master bath with bowl sinks, garden tub and walk in closet.Located upstairs are two bedrooms, guest bath, frieze carpet, a study and a playroom or storage area. Large backyard with small wood deck great for morning coffee. Additional features, French drain added and HVAC in 2018. Close to 121 and 423

Investor Tools

Property Icon
$400,422
Estimated Property Value
$0Estimated Mortgage Balance
$132,290Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$357,161
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,403 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,359
$400,422
2025
$91,365
$309,057
$400,422
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,359
$400,422

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$302,421
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,132
$132,290
33%
67%
$1,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$1,814/mo
+$1,246/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: The Colony

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7153 Longo Drive | Property Details | No Agent List