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$176,974

NAL Estimated Property Value

7203 Lakewood Dr, Houston, TX, 77016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
price_per_sqft$117.08 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size9,953 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0825160000001
Lot Number1
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 1 BLK 43 SCENIC WOODS
Census Tract231500
Assessed Land Value$54,197
Assessed Improvement Value$122,777
Assessment Year2025

About this property

Adorable 1 story corner home in the Scenic Woods neighborhood. This gorgeous recently updated 3 bedroom, 1.5 bathroom home has no carpet and freshly painted inside and out. Gorgeous kitchen with new cabinets, quartz countertops, and a beautiful backsplash ready to make dinner in. Two driveways! Recently installed toilets, faucets, and A/C system in 2022. You will find a large covered patio perfect for gatherings! Call and make your appointment today!

Investor Tools

Property Icon
$176,974
Estimated Property Value
$159,875Estimated Mortgage Balance
$17,099Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,000
$176,974
2025
$54,197
$122,777
$176,974
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,000
$176,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$172,812
Yes
First
May 26, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,875
$24,125
13%
90%
$1,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,037/mo
+$685/mo
11.7%

City: Houston

7203 Lakewood Dr | Property Details | No Agent List