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$998,000

NAL Estimated Property Value

718 E 7th 1/2 Street, Houston, TX, 77007

$1,297,400 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,418 Sq Ft
price_per_sqft$509.28 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Balcony
Lot Size9,374 sqft

Building Information

Garage Spaces2

Land Information

APN0350290550005
Lot Number5
SubdivisionStude
Land UseResidential
Legal DescriptionLT 5 BLK 55 STUDES SEC 2 5TH AMEND
Census Tract510400
Assessed Land Value$843,750
Assessment Year2025

About this property

Stunning Heights New Orleans style home on a gorgeous 12,500+ sq ft lot on a desirable street. Built by Whitestone Builders (now Aspire Homes). Charming curb appeal, double wide driveway. Backyard is an entertainer's dream w/sparkling pool & fabulous outdoor kitchen. Enormous yard, a rare find in the Heights, w/ peaceful mature trees, fully fenced, expansive grass space for kids/dogs to play. Multiple covered balconies/porches. Formal living w/ fireplace opens to formal dining. Wine closet. Gorgeous chef's kitchen w/huge breakfast bar & island, opens to light filled family rm. Downstairs primary suite. Upstairs features 3 guest beds, a media room, PLUS a to-die-for playroom. Flexible options; rooms could make ideal workout rm, study, add'l bedrm. Intricate woodwork, hardwood floors, high ceilings throughout. Fantastic location; walking distance to tons of popular restaurants & shopping. Close to hike&bike trails & numerous parks. Zoned to Harvard Elem. Truly a must see!

Investor Tools

Property Icon
$998,000
Estimated Property Value
$1,480,998Estimated Mortgage Balance
$998,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,297,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,500 /month
Positive
Cash Flow Estimate:
$4,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,770
$843,750
2025
$843,750
N/A
$843,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,770
$843,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$1,495,000
No
First
Aug 1, 2025
Mar 2057

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,480,998
N/A
0%
148%
$8,839/mo

City: Houston

718 E 7th 1/2 Street | Property Details | No Agent List