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$217,000

NAL Estimated Property Value

7230 Leaning Oak Dr, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,660 Sq Ft
price_per_sqft$129.52 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringCarpet, Tile

Exterior

Lot Size7,327 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0991140000007
Lot Number7
SubdivisionInwood Forest
Land UseResidential
Legal DescriptionLT 7 BLK 5 INWOOD FOREST SEC 2
Census Tract532700
Assessed Land Value$40,972
Assessed Improvement Value$162,068
Assessment Year2025

About this property

Welcome home to the sought after Inwood Forest. Oversized corner lot is 7300+ sq ft & has mature trees. 3 bed 2 full bath home has complete brick construction & maintains much of the original mid-century charm. Front door alcove leads to the brick wall accented foyer & tiled floors. Step into the sunken living room w/ expansive brick hearth & fireplace w/ wood mantle built to match wood beam accented ceiling. Classic kitchen opens into living room & dining area w/ bar seating by the range. Bay window illuminates welcoming dinning space. Double ovens & oversized window over kitchen sink allow for passage onto covered back porch in the expansive back yard. Laundry room is in the house w/ plenty of storage & room for a 2nd fridge. Large primary bedroom has more Mid-Mod detailing w/ sunken room, vintage solid surface counters & shower surround in pristine condition, vaulted ceiling, & big closet. 2 more bedrooms w/ original details like cedar closet & built ins. Lots of fans! Never Flooded

Investor Tools

Property Icon
$217,000
Estimated Property Value
$178,514Estimated Mortgage Balance
$38,486Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
$301/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,894
$203,040
2025
$40,972
$162,068
$203,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,894
$203,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$194,750
No
First
Dec 30, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,514
$40,486
18%
82%
$1,168/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,469/mo
+$253/mo
9.5%

City: Houston

7230 Leaning Oak Dr | Property Details | No Agent List