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$275,000

NAL Estimated Property Value

7231 Rio Blanco Dr, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,697 Sq Ft
price_per_sqft$173.84 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,101 sqft

Building Information

Year Built2002
Stories1
Garage Spaces4

Land Information

APN1102190000075
Lot Number75
SubdivisionMission Bend
Land UseResidential
Legal DescriptionLT 75 BLK 3 MISSION BEND SEC 7
Census Tract454000
Assessed Land Value$56,457
Assessed Improvement Value$208,543
Assessment Year2025

About this property

Amazing and beautiful 3 bedroom 2 full bath home, you won't be disappointed, this home features a big Primary Bedroom!! lots of space, this property is seating at the best location in Mission Bend, tile flooring, big kitchen, beautiful backyard with a huge cover porch, lots of opportunities! location location location, immediate access to highway 6 and Bellaire Blvd

Investor Tools

Property Icon
$275,000
Estimated Property Value
$192,225Estimated Mortgage Balance
$82,775Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,604
$265,000
2025
$56,457
$208,543
$265,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,604
$265,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Lending Llc
Conventional
$198,750
No
First
Jul 17, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,225
$72,775
27%
70%
$1,192/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,717/mo
+$5/mo
7.5%

City: Houston

7231 Rio Blanco Dr | Property Details | No Agent List