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Owner Contacts

$313,391

NAL Estimated Property Value

7218 Neff St, Houston, TX, 77074

Off Market

4 Beds

2 Bath

1,671 Sq Ft

$161.52 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,324 sqft

Building Information

Year Built1959

Stories1

Garage Spaces2

Land Information

APN0882270000017

Lot Number17

SubdivisionSharpstown

Land UseResidential

Legal DescriptionLT 17 BLK 11 SHARPSTOWN SEC 2

Census Tract422702

Assessed Land Value$119,067

Assessed Improvement Value$194,324

Assessment Year2025

About this property

Charming remodeled home within walking distance to Houston Baptist University. Newly installed roof, complete HVAC with duct work, new flooring, new kitchen with stainless appliances, new bathroom, new double pane windows and much, much more! All installed 2020. Very open floor plan with lots of natural light. Never miss out on any of the entertaining. Kitchen opens up to the living and family room and has a nice large breakfast bar. This home boasts 2 bedrooms down and 2 bedrooms up with a flex room. Flex room great for office, nursery, kids play room or storage. Large lot with mature trees. Quiet neighborhood. Come and make this your Next Home today!

Investor Tools

$313,391

Estimated Property Value

$226,422Estimated Mortgage Balance

$86,969Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,880 /month

Positive

Cash Flow Estimate:

$627 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$645/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,172

$313,391

2025

$119,067

$194,324

$313,391

Tax History

Year

Tax Paid

Assessed Value

2024

$6,172

$313,391

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Shell Fcu

Conventional

$249,850

First

Jun 11, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$226,422

$88,578

28%

72%

$1,498/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,748/mo

+$478/mo

8.5%

Learn About the Market: Opportunity in Houston

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