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$266,432

NAL Estimated Property Value

7307 Colima Dr, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,299 Sq Ft
price_per_sqft$177.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,859 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5040-01-004-0480-907
Lot Number48
SubdivisionMission West Sec 1
Land UseResidential
Legal DescriptionMISSION WEST SEC 1, BLOCK 4, LOT 48
Census Tract672603
Assessed Land Value$74,100
Assessed Improvement Value$204,651
Assessment Year2025

About this property

Vacant and move-in ready. This beautiful 3 bedroom, 2 bathroom ranch house boasts an open floor plan with a large family room with vaulted ceiling, a dining room that opens to the kitchen, a primary suite and two additional good size bedrooms. Home was completely renovated less than 5 years ago and has been well kept since then. Update included HVAC, PEX-piping, kitchen cabinets, bathroom vanities, premium vinyl flooring throughout, stainless steel appliances, granite countertops, sinks and faucets in kitchen and bathrooms, light fixtures throughout, and a lot more. Located in a mature neighborhood with easy access to Westpark tollway and TX-6 with tons of shopping and entertainment options nearby.

Investor Tools

Property Icon
$266,432
Estimated Property Value
$210,445Estimated Mortgage Balance
$55,987Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,599 /month
Positive
Cash Flow Estimate:
$533 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,449
$266,432
2025
$74,100
$204,651
$278,751
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,449
$266,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$223,079
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,445
$55,987
21%
79%
$1,338/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,668/mo
+$54/mo
7.8%

City: Houston

7307 Colima Dr | Property Details | No Agent List