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$218,000

NAL Estimated Property Value

7222 Leader St, Houston, TX, 77074

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,161 Sq Ft
price_per_sqft$189.41 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size8,616 sqft

Building Information

Year Built1959
Stories1
Garage Spaces1

Land Information

APN0882190000013
Lot Number13
SubdivisionSharpstown
Land UseResidential
Legal DescriptionLT 13 BLK 3 SHARPSTOWN SEC 2
Census Tract422702
Assessed Land Value$121,162
Assessed Improvement Value$85,510
Assessment Year2025

About this property

Beautifully remodeled home located in the up and coming Sharpstown neighborhood. Enchanting home features tons of natural light, open concept floor plan, granite countertops and fresh paint through out the interior and exterior. Upgrades include a newly installed HVAC unit and air ducts (2022), new floors and freshly painted cabinets. Enter into the large lush backyard through the glass sliding doors. Opportunities are endless! Perfect location with easy access to 59, minutes away from the Galleria and Chinatown. This home won't last long!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$198,825Estimated Mortgage Balance
$19,175Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,474
$206,672
2025
$121,162
$85,510
$206,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,474
$206,672

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$213,750
No
First
Aug 2, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,825
$30,175
13%
91%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,532/mo
+$190/mo
9.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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