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Owner Contacts

$188,300

NAL Estimated Property Value

7218 Willowtex Dr, Houston, TX, 77396

Off Market

3 Beds

2 Bath

1,184 Sq Ft

Single Family Residence

$156.25 / sqft

Built in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile

Exterior

Lot Size7,148 sqft

Building Information

Year Built1970

Stories1

Garage Spaces4

Land Information

APN0891510000005

Lot Number5

SubdivisionEastex Oaks Village

Land UseResidential

Legal DescriptionLT 5 BLK 8 EASTEX OAKS VILLAGE SEC 1

Census Tract232201

Assessed Land Value$46,475

Assessed Improvement Value$141,825

Assessment Year2025

About this property

Conveniently located in an established neighborhood, this charming home features newer subway tile back splash and countertops in the kitchen along with new appliances. The primary half bath boasts a newer vanity, while the full bathroom has a resurfaced tub and vanity. There are three bedrooms, including a spacious owners retreat with a walk-in closet. This home offers comfort and convenience. Freshly painted throughout! New roof. New carpet in the bedrooms, and tile throughout the rest of the house. Water heater installed- 2019. Enjoy the covered back patio. Convenient covered parking in front of the attached garage for versatile outdoor activities. Zoned to Humble ISD- this home is close to shopping, schools, medical facilities, and just a quick 15-minute drive from downtown Houston. Don't miss out on this opportunity!

Investor Tools

$188,300

Estimated Property Value

$124,847Estimated Mortgage Balance

$63,453Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,130 /month

Positive

Cash Flow Estimate:

$377 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$270/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,297

$188,300

2025

$46,475

$141,825

$188,300

Tax History

Year

Tax Paid

Assessed Value

2024

$2,297

$188,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Champions Funding Llc

Fha

$126,700

Yes

First

Jul 22, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$124,847

$63,453

33%

66%

$760/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$760/mo

+$1,120/mo

12.0%

Learn About the Market: Opportunity in Houston

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Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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