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Owner Contacts

$1,260,072

NAL Estimated Property Value

7310 Schiller Street, Houston, TX, 77055

Off Market

3 Beds

2 Bath

1,118 Sq Ft

Single Family Residence

$295.08 / sqft

Built in 1956

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Dishwasher

Exterior

Lot Size10,938 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN0771220160013

Lot Number13

SubdivisionPine Terrace

Land UseResidential

Legal DescriptionLT 13 BLK 4 PINE TERRACE SEC 3

Census Tract520301

Assessed Land Value$401,355

Assessed Improvement Value$858,717

Assessment Year2025

About this property

This adorable and cozy mid century home sits on an expansive lot with graceful trees. There are beautiful hardwoods throughout with tile in the kitchen & bathroom. The kitchen is updated with quartz countertops, stainless steel appliances & 42" cabinets. Custom built-in desk & shelving in one of the room/study. The HVAC, furnace, ductwork & insulation are just a few years old. Carport in the front with pavers & separate two car detached garage in back. Live now & build later on this enormous lot. Seller has architectural rendering for a 6000 sq foot home that would be ideal for this size lot. Desirable Spring Branch school district & convenient access to I-10, 610 & 290. Memorial Park, Galleria and downtown is just a short drive away. There's also a neighborhood park within walking distance.

Investor Tools

$1,260,072

Estimated Property Value

$1,509,841Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,560 /month

Positive

Cash Flow Estimate:

$2,520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,438/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,960

$1,260,072

2025

$401,355

$858,717

$1,260,072

Tax History

Year

Tax Paid

Assessed Value

2024

$10,960

$1,260,072

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Stellar Bank

Building Or Construction Loan

$640,000

First

Oct 15, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,509,841

N/A

120%

$10,015/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$10,015/mo

$-8,293/mo

1.6%

Learn About the Market: Opportunity in Houston

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