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$384,431

NAL Estimated Property Value

7301 Sherman Street, Houston, TX, 77011

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,200 Sq Ft
price_per_sqft$249.55 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size7,501 sqft

Building Information

Year Built1930

Land Information

APN0251210000022
Lot Number22-24
SubdivisionMagnolia Park
Land UseCommercial
Legal DescriptionLTS 22 23 & 24 BLK 28 MAGNOLIA PARK SEC 2
Census Tract310900
Assessed Land Value$112,500
Assessed Improvement Value$271,931
Assessment Year2025

About this property

Located in a Prime Area for Investment. Houston’s East End minutes away from The East River Project, EADO, Downtown, University of Houston, Texas Medical Center and much more Build Equity & Cash Flow 4Plex with Unit mix (1x1) 4Plex: 2,220sf Surface parking Electric/Gas separately Metered. City Garbage Collection Growing demand in the Real Estate market of this area. The local apartment submarket indicates stable occupancy with increasing rental rates. New residential and commercial developments in the immediate area

Investor Tools

Property Icon
$384,431
Estimated Property Value
$0Estimated Mortgage Balance
$384,431Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$896/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,831
$384,431
2025
$112,500
$271,931
$384,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,831
$384,431

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$384,431
100%
0%
$0/mo

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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7301 Sherman Street | Property Details | No Agent List