Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,129,000

NAL Estimated Property Value

722 Electra Dr, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,899 Sq Ft
price_per_sqft$362.19 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size10,803 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0891770000020
Lot Number20
SubdivisionRustling Oaks
Land UseResidential
Legal DescriptionLT 20 BLK 2 RUSTLING OAKS
Census Tract450100
Assessed Land Value$583,000
Assessed Improvement Value$500,272
Assessment Year2025

About this property

Introducing a charming single-story gem nestled in the highly sought-after Rustling Oaks neighborhood, on a quiet cul-de-sac street. This meticulously updated home boasts four spacious bedrooms and three bathrooms. The home has an open-concept design that seamlessly blends the living, dining, and kitchen areas. The spacious living room has large picture windows and custom built-ins. The kitchen features quartz countertops, stainless steel appliances, a large walk-in pantry and a planning desk. The breakfast bar provides a convenient spot for quick meals, The office has a custom built-in desk and cabinets. The primary bedroom suite has a fireplace, french-doors that overlook the backyard, an en-suite bathroom with a walk-in shower, and a custom closet with built-ins. Three additional bedrooms offer plenty of space for family members or guests. Walking and biking distance to Rummel Creek Elementary School and the Plaza Oaks Swim Club. Zoned to exemplary SBISD schools.

Investor Tools

Property Icon
$1,129,000
Estimated Property Value
$813,501Estimated Mortgage Balance
$315,499Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,774 /month
Positive
Cash Flow Estimate:
$2,258 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,229/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,099
$1,083,272
2025
$583,000
$500,272
$1,083,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,099
$1,083,272

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$840,000
No
First
Oct 30, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$813,501
$335,499
29%
72%
$5,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$5,405/mo
$-2,675/mo
2.9%

City: Houston

722 Electra Dr | Property Details | No Agent List