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$261,230

NAL Estimated Property Value

7225 Sherman St, Houston, TX, 77011

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
price_per_sqft$194.57 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesElectric Oven, Electric Range, Free-Standing Range, Oven, Refrigerator
FlooringTile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Garage Spaces2

Land Information

APN0251220000009
Lot Number9,10
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 9 & 10 BLK 29 MAGNOLIA PARK SEC 2
Census Tract310900
Assessed Land Value$90,000
Assessed Improvement Value$171,230
Assessment Year2025

About this property

Welcome to 7225 Sherman, located in the desirable Magnolia area of 77011. This charming property offers a well-maintained house with an appealing lot size of 5,000 square feet. With 3 bedrooms and 2 bathrooms, it provides ample space for comfortable living. One of the highlights of this property is the additional garage apartment, spanning 560 square feet. It features a cozy bedroom, a convenient bathroom, a fully equipped kitchen, and a small living area, making it perfect for accommodating guests or renting out. In addition to the main house and garage apartment, this property boasts a 1-car garage, providing secure parking for your vehicle. Furthermore, there is an extra room that is currently being utilized as a barbershop. This versatile space can be easily repurposed to suit your specific needs, whether it be a home office, a hobby room, or an exercise area. Schedule a viewing today and envision the endless possibilities that await you at 7225 Sherman!

Investor Tools

Property Icon
$261,230
Estimated Property Value
$244,213Estimated Mortgage Balance
$17,017Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /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
$1,939
$261,230
2025
$90,000
$171,230
$261,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,939
$261,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$254,140
No
First
Mar 12, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,213
$17,017
6%
93%
$1,524/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,524/mo
+$198/mo
7.9%

Learn About the Market: Opportunity in Houston

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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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7225 Sherman St | Property Details | No Agent List