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$1,395

7244 Rhobell St, Houston, TX, 77016

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,252 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
AppliancesElectric Oven, Electric Range

Exterior

Lot Size7,357 sqft

Building Information

Year Built1955
Stories1

Land Information

APN0825270000027
Lot Number27
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 27 BLK 54 SCENIC WOODS
Census Tract231500
Assessed Land Value$52,313
Assessed Improvement Value$64,687
Assessment Year2025

About this property

3 bedroom 1 bath home in Scenic Woods with TWO LIVING AREAS! Great sized kitchen with tiled backsplash and flooring. Spacious backyard outside! Home does not have central AC. Home has window units.

Investor Tools

Property Icon
$122,000
Estimated Property Value
$80,750Estimated Mortgage Balance
$52,970Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$732 /month
Positive
Cash Flow Estimate:
$244 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,322
$117,000
2025
$52,313
$64,687
$117,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,322
$117,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Building Or Construction Loan
$80,750
No
First
Apr 18, 2019
Apr 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,030
$52,970
43%
57%
$485/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$485/mo
+$1,237/mo
16.9%

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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7244 Rhobell St | Property Details | No Agent List