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$414,000

NAL Estimated Property Value

722 Carrell Street, Tomball, TX, 77375

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.34 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesGas Range
FlooringLaminate, Tile

Exterior

Lot Size2.77 acres

Building Information

Garage Spaces1

Land Information

APN0352830000096
SubdivisionTomball Outlots
Land UseResidential
Legal DescriptionTRS 83E 85B & 96C TOMBALL OUTLOTS
Census Tract555401
Assessed Land Value$362,637
Assessment Year2025

About this property

Location, Location, Location!!! Massive property ready for remodeling in Tomball near Main Street! This stunning property is loaded with mature oak trees! This home has 2 bedrooms, a primary en suite, an in-house laundry room, and is a fixer-upper ready for your personal touches. Lots of potential in this home after giving some love and calling it your own. This property is also located near Tomball Elementary, Tomball Intermediate,Tomball Jr. High, and Tomball High school! Make this diamond in the rough property your dream home!

Investor Tools

Property Icon
$414,000
Estimated Property Value
$103,879Estimated Mortgage Balance
$310,121Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,681
$362,637
2025
$362,637
N/A
$362,637
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,681
$362,637

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$130,790
Yes
First
Aug 12, 2016
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,879
$310,121
74%
25%
$785/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tomball

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722 Carrell Street | Property Details | No Agent List