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$185,637

NAL Estimated Property Value

7218 Crownwest Street, Houston, TX, 77072

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,584 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$66.22 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1971
Stories2
Garage Spaces2

Land Information

APN1031940010218
SubdivisionCrown Colony
Land UseResidential
Legal DescriptionTH 7218 BLDG 20 CROWN COLONY SEC 2
Census Tract452802
Assessed Land Value$40,000
Assessed Improvement Value$145,637
Assessment Year2025

About this property

Great opportunity to own a townhome with an amazing location! This spacious townhome features 3 bedrooms, 2.5 bath and a galley style kitchen overlooking the living room. Townhome also features a 2 car carport and a nice patio area between the unit and carport parking. Best of all - No water bill! HOA covers water & trash! Great location - minutes from restaurants, markets, shops on Bellaire Blvd, minutes to Hong Kong Market & Chinatown, Westpark Tollway/Beltway 8 & Hwy 6. Another great perk - townhome is minutes from Alief Community Park which will soon be home to a brand new public facility, including soccer fields, tennis courts, a skate park, football & baseball fields and so much more!

Investor Tools

Property Icon
$185,637
Estimated Property Value
$168,627Estimated Mortgage Balance
$17,010Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,114 /month
Positive
Cash Flow Estimate:
$371 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
$238/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,845
$185,637
2025
$40,000
$145,637
$185,637
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,845
$185,637

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$179,685
Yes
First
Jan 11, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,627
$17,010
9%
91%
$1,078/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,316/mo
+$406/mo
11.1%

City: Houston

7218 Crownwest Street | Property Details | No Agent List